Billionaire investor Ray Dalio is warning that the US Treasury market is exposed to a drop in demand from China and Japan.
The Bridgewater Associates founder says the US depends on foreign capital for about a third of its debt, with much of that money coming from Japan and China, reports Bloomberg.
Dalio tells Bloomberg Television that geopolitical tensions mean China no longer wants to keep adding US debt to its holdings.
He says Japan has lent “a lot of money” that it now wants to bring back home.
Since the start of the year, China and Japan have reduced their holdings of US treasuries by a combined $198.7 billion. Japan, which is the largest foreign creditor to the US, held $1.1039 trillion in US treasuries as of July. China is the third-largest foreign creditor to the US and as of July held $618 billion in US treasuries.
Dalio also repeated his warning that the US could face a debt crisis within three years.
His comments come as a global bond selloff pushes government borrowing costs to multi-year highs.
The yield on the 10-year US Treasury is hovering around 5.3%, a level not seen since 2002.
Inflation, fiscal spending and resilient economic growth have weakened demand for bonds around the world.
Bond prices have kept falling this week, extending a slide that has lasted for months.
Bitcoin, the leading cryptocurrency, fell to the $82,000 level as selling pressure intensified in the market. While this raises questions about whether further declines may occur, Chris Kuiper, vice president of research at Fidelity Digital Assets, stated that the bear market may not be over yet.
The Bear Market May Not Be Over Yet! Chris Kuiper from Fidelity stated that it is not clear whether the rise since August marks the beginning of a new uptrend.
At this point, Kuiper stated that this rise could be a counter-trend recovery within the ongoing bear market, and that price increases do not guarantee the end of the bear market, saying, “The bear market may not be over yet.”
Kuiper based his analysis on Bitcoin’s four-year cycle. Noting that Bitcoin has historically formed bull market peaks and bear market troughs at approximately four-year intervals, the analyst stated that the last significant trough was seen in November 2022, raising the expectation that the current cycle could also bottom out around November 2026.
However, Kuiper emphasized that the four-year cycle never repeats with complete precision, suggesting that Bitcoin could fall again, potentially forming a new low in November or later months.
Bitcoin Warning from Chinese Founder: Below $79,000 is on the Agenda! Jack Yi, the founder of LD Capital, who made headlines due to his losses in Ethereum, stated that the correction in Bitcoin may not be over yet.
Yi noted that following Bitcoin’s drop below $82,000, and considering the speed of the decline over the past two days, the downward movement could continue, increasing the likelihood of the price falling below $79,000.
According to Yi, if the $79,000 level is also lost, price movements around $75,000 will be closely watched in the market. These levels are key points to monitor during a potential correction.
Yi concluded that the current downward movement in Bitcoin is not a definitive sign that the overall uptrend has ended, but rather a normal correction within a bull market.
*This is not investment advice.
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Ethereum has printed a sharp drop in its reserves on the world's largest cryptocurrency exchange Binance, drawing attention from market analysts.
The trend has come at an unusual time, as the latest data from crypto analytics platform CryptoQuant shows that withdrawals on the exchange have climbed significantly while its price is facing a sharp correction.
100,000 ETH exit Binance reserves in 3 daysAccording to the data, Ethereum reserves on Binance fell from 3.57 million ETH to 3.47 million ETH within just three days, with over 100,000 ETH withdrawn in such a short period.
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While this suggests that more ETH tokens are rapidly leaving the exchange, the sharp decline in the Ethereum reserves has seen it fall to its lowest level in the last six months.
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Although a decrease in reserves prints a bullish outlook for the concerned crypto asset, as it typically indicates increased withdrawals from exchanges, the reverse is currently the case for Ethereum.
Rather than a rally, the sharp decline in the Binance Ethereum reserves came when the asset is facing mounting selling pressure across the broader crypto market, with its price suddenly dropping to $2,400 from a recent high of over $2,700.
What are traders up to?The sudden increase in Ethereum withdrawals while its price is facing a downturn could suggest that traders are making entries amid the market dip to buy the asset at lower prices.
Notably, the data shows that the decline extends a broader trend that began in August, when reserves stood at about 3.92 million ETH.
While reserves have now fallen by about 11.5% since then, the trend could potentially ease immediate selling pressure for Ethereum when demand returns, positioning it for a stronger rally if sentiment flips.
Kripto para piyasasında satış baskısı devam ederken popüler altcoin projelerinden Pyth Network (PYTH), önemli bir token geri alım kararıyla yatırımcıların dikkatini çekti. Projenin merkeziyetsiz yönetim organizasyonu (DAO), belirli ürün gelirlerinin tamamını PYTH token alımlarına yönlendirecek yeni bir mekanizmayı onayladı. Açıklamanın ardından PYTH fiyatında yükseliş yaşanırken yatırımcılar, kararın token ekonomisi üzerindeki olası etkilerine odaklandı.
Pyth Network’ten Kritik Karar: Token Geri Alımları Artıyor Blockchain tabanlı veri sağlayıcısı Pyth Network, OP-PIP-136 numaralı yönetim teklifinin kabul edildiğini duyurdu. “Yüzde 100 Kuralı” olarak adlandırılan yeni düzenleme, DAO’ya aktarılan uygun ürün gelirlerinin tamamının PYTH token rezervlerini artırmak amacıyla kullanılmasını öngörüyor. Önceki sistemde PYTH dışındaki hazine varlıklarının yalnızca üçte biri aylık geri alımlara ayrılırken yeni modelle bu oran yüzde 100’e çıkarıldı.
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Yeni sistem kapsamında DAO hazinesine stablecoin olarak aktarılan gelirler, yetkilendirilmiş bir konsey aracılığıyla açık piyasadan PYTH token satın almak için kullanılacak. Satın alınan tokenler daha sonra DAO rezervlerine eklenecek. Doğrudan PYTH cinsinden elde edilen gelirler ise ek piyasa alımı yapılmadan hazineye aktarılacak. Böylece projenin ürünlerinden elde edilen uygun gelirlerin PYTH rezervlerinin büyümesine katkı sağlaması hedefleniyor.
Pyth Network’ün PYTH Rezervi 42 Milyon Tokena Ulaştı Pyth Network tarafından paylaşılan bilgilere göre DAO’nun mevcut PYTH rezervi yaklaşık 42 milyon token seviyesine ulaştı. Yeni geri alım politikasıyla birlikte rezervlerin zaman içerisinde daha da büyümesi bekleniyor. Ancak düzenleme, protokolün elde ettiği tüm gelirleri kapsamıyor. Yalnızca DAO’ya aktarılan ve OP-PIP-136 teklifi kapsamında uygun görülen gelirler geri alımlara yönlendirilecek. Bu ayrıntı, mekanizmanın piyasa üzerindeki potansiyel etkisini değerlendirmek açısından önem taşıyor.
Token geri alım kararının ardından PYTH fiyatında görülen yükseliş, kripto para yatırımcılarının projeye yönelik ilgisini artırdı. Açık piyasadan gerçekleştirilecek düzenli alımların PYTH talebini destekleyebileceği değerlendirilirken geri alım miktarının DAO’ya aktarılan gelirlere bağlı olacağı belirtiliyor. Bununla birlikte geri alınan tokenlerin yakılmak yerine hazine rezervlerine eklenmesi, dolaşımdaki arz üzerindeki etkinin ayrıca değerlendirilmesini gerektiriyor. Yatırımcılar, önümüzdeki dönemde DAO gelirlerini, geri alım hacmini ve PYTH fiyat hareketlerini yakından takip edecek.
Değerlendirme Pyth Network’ün yeni token geri alım politikası, projenin gelirlerini PYTH rezervlerini büyütmek için kullanma stratejisinde önemli bir değişikliğe işaret ediyor. DAO’nun yaklaşık 42 milyon PYTH tokenlık mevcut rezervi ve yeni gelir dağıtım modeli, yatırımcıların dikkatini çekiyor. Ancak geri alımların fiyat üzerindeki uzun vadeli etkisi, protokol gelirlerinin büyüklüğüne, piyasa koşullarına ve token arzındaki gelişmelere bağlı olacak.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Borrowing money usually costs money. On Starknet, borrowers are now being paid to do it, at least partially.
Vesu, a lending protocol on Starknet, lets users borrow against BTC and earn STRK rewards on those loans. The rewards for borrowers were announced on October 8, 2026. They are meant to lower the net cost of borrowing for users who come in through the Sats Terminal frontend.
How the Vesu rewards work Vesu operates as a modular, permissionless lending market. Its pools can be set up for different assets and risk profiles instead of everything sharing one giant bucket.
The tokens eligible for both collateral and rewards are WBTC, LBTC, SolvBTC, tBTC, and strkBTC. Each one is a tokenized version of Bitcoin, which is how BTC shows up on networks it was never built to run on.
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Borrowers who take out stablecoins against that BTC collateral can claim STRK rewards every week.
Sats Terminal is the user-facing layer. It gives borrowers a simpler interface for setting up BTC-backed loans. During reward periods, loans taken through Sats Terminal can carry effective net APRs that sit near zero or even dip into negative territory.
If the STRK a borrower collects is worth more than the interest they owe, the loan effectively pays them. The rewards arrive in STRK, so their actual value depends on what the token is worth when a borrower claims it.
The 100 million STRK backdrop The Starknet Foundation has set aside 100 million STRK for its BTCFi Season program, which is built to encourage onchain Bitcoin activity, borrowing included.
Vesu V2 launched around October 2025, adding curated pools for BTC collateral and expanding the lending capacity available to Starknet’s BTCFi users.
What this means for borrowers and Starknet For borrowers, the cost math is the obvious draw. A loan with a near-zero or negative net rate is unusual in almost any market.
It is also subsidized, and subsidies are temporary by design. The cheap borrowing window lasts only as long as the reward periods run and the STRK keeps flowing.
Reward value is the other moving piece. A negative net APR calculated today is only as good as STRK’s value on claim day, which makes the headline rate a snapshot rather than a guarantee.
The near-term signals to watch are straightforward. Watch whether Vesu’s volumes and total value locked climb during the reward periods, how quickly the 100 million STRK allocation is put to work, and whether borrowing activity holds up when the incentives eventually wind down.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Blockaid’s industry-leading onchain security is coming to LayerZero. Bridge Sentinel by Blockaid is a security-focused DVN that proactively screens each message against Blockaid's real-time threat intelligence engine. Asset issuers will now be able to require transactions involving their assets to complete an independent security review designed to protect against malicious counterparties, stolen funds, or the lack of a real source event. Learn more at Developers or reach out to our team.
The most rigorous tokenized asset issuers in the world choose the OFT Standard because of the level of configuration and control that it provides. One example of this is in the verification and security of a transaction using LayerZero’s cross-chain interoperability protocol. When using the OFT Standard, each issuer chooses which verifiers, or DVNs, must attest to a transaction involving their asset, and how many of these DVNs must agree on the validity of this proposed transaction before it can be completed.
Blockaid now operates one of those DVNs, Bridge Sentinel, featuring built-in real-time fraud detection. An issuer that sets Blockaid’s Bridge Sentinel DVN as required will be forcing an independent security check that is binding: if Blockaid withholds its signature, the message does not complete.
The scope of this fraud detection provided by Blockaid represents a new paradigm in security for cross-chain infrastructure. LayerZero has been a pioneer in giving asset issuers the granular control to set security checks related specifically to token actions on cross-chain protocols, including KYC, AML, allowlists, blocklists, rate limiting, and others.
Blockaid now brings an additional layer of security by monitoring events that happen outside the interoperability mesh, like active exploits, sanctioned entities, and drainer infrastructure. For example, a message with no real source event, a malicious counterparty, or moving stolen funds will be refused before it lands if Bridge Sentinel is part of the required verification configuration.
How It Works A standard attestation confirms a message is authentic. Blockaid’s Bridge Sentinel also evaluates whether it is safe, in the seconds before it signs. Bridge Sentinel evaluates the following:
The event behind the message. It confirms the lock or burn happened on the source chain, and screens the originating addresses for ties to sanctioned entities, drainer infrastructure, and active exploits. The limits on the mint. It holds each mint to a per-message cap and a rolling-window cap, and can enforce a rate limit as issuer policy on routes that carry none at the token level. The configuration of the route. It monitors the verifier set and threshold, ownership and admin roles on both chains, and the addresses holding mint, burn, pause, and rate-limit authority. If any of them change, it stops attesting and notifies the issuer. The outcome of the call. Each message is decoded down to the contract it will call and the addresses that gain value from it, and issuer-defined policies set the response, approving the message, holding it for human review, or refusing to sign. The decision lands before execution, at the only point where a bad transfer can still be stopped outright. In addition, asset issuers will be able to opt in to Blockaid’s Cosigner, which allows Blockaid to proactively take additional actions to protect an asset across all chains, not just the chains related to the individual message in question.
Blockaid is the undisputed leader in onchain security, providing enterprise-grade security for everything onchain, including End User Protection, Onchain Monitoring, Crypto Fraud Prevention, and Cosigner.
Now, the best-in-class security of Blockaid will be available to all issuers whose assets use LayerZero's OFT standard.
For more information on how Bridge Sentinel works, see Blockaid.io.
Blockaid Joins a Marketplace of DVN Providers Featuring Leading Global Enterprises Bridge Sentinel joins a verifier marketplace that institutional issuers already use to build a security stack to their own unique requirements. Fidelity's Center for Applied Technology (FCAT) verifies tokenized assets across eleven chains, with Ondo Finance as its first integrator. Deutsche Telekom MMS runs EU-sovereign infrastructure in twin German and Dutch data centers for issuers building toward MiCA. Google Cloud has attested LayerZero messages since 2023. Alongside them are zk-based verifiers, hardware-attested verifiers, established node operators, and issuers running their own DVNs.
An asset issuer decides which of these DVNs must sign, and how many must agree on a transaction to be valid. Issuers building with regulators in mind cannot compromise on this degree of customization and control: a compliance organization gets to pick names its examiners recognize, a security team gets to pick methodologies it trusts, and a European issuer gets to keep verification inside its own regulatory perimeter. Adding a live threat intelligence review to that stack is one more configuration decision the issuer owns. Read more about enterprise DVNs →
That control is also critical to satisfying an issuer’s risk committee requirements. Institutions judge infrastructure through the frameworks they already use, like vendor security questionnaires, control attestations, independent verification before a listing. LayerZero is working with peers across the industry to codify existing risk standards and best practices, so issuers and their examiners have a consistent bar to evaluate against, rather than a different answer from every vendor. This launch with Blockaid is the first step towards a consistent framework of evaluation institutions and enterprises can trust.
Get started Start at Developers or reach out to our team.
About LayerZero
LayerZero connects the world's most important assets to the world's most utilized blockchains. Issuers use the OFT Standard to distribute assets to 170+ chains. Chains use LayerZero Endpoints to connect to those assets and users. Wallets and exchanges use the Value Transfer API to move them. Trusted by Tether, PayPal, Paxos, Ondo and Anchorage Digital, LayerZero is the standard for cross-chain interoperability.
About Blockaid
Blockaid is the onchain security platform trusted by the largest companies operating in Web3. Built by veterans of elite intelligence and cybersecurity units, Blockaid provides end-to-end protection for financial institutions, protocols, and end users, combining direct wallet and dApp integrations with real-time monitoring, detection, and response across smart contracts, infrastructure, and externally owned accounts. Since 2025, Blockaid scanned over 6.3 billion transactions and blocked 585 million attacks. Blockaid is the security infrastructure behind Coinbase, MetaMask, Uniswap, Safe, and dozens of the most widely used platforms in the industry.
Learn more at Blockaid.io, and follow us on Twitter and LinkedIn.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
DWF Labs subsidiaries DWF Maas and Falcon Digital sued cryptocurrency custodian BitGo in London, alleging it sold discounted FF and ESPORTS tokens before their three-month lock-up periods expired.The companies are seeking $114 million in damages, arguing that BitGo’s early sales caused the tokens’ prices to fall sharply.DWF said it raised the issue with BitGo in April and May but pursued legal action after the company did not provide an undertaking.DWF Labs subsidiaries DWF Maas and Falcon Digital are suing cryptocurrency custodians BitGo BTGO over an alleged breach of a token sale’s lock-up terms, the Financial Times reported on Friday.
The two investment subsidiaries of market maker DWF Labs allege they agreed to sell Falcon Finance tokens FF$0.1061 and ESPORTS tokens at a discount to BitGo, which would be subject to a three-month lock-up period, in a lawsuit filed in London’s High Court.
Private token sales are common in the digital asset industry as a means for issuers to raise capital for projects without worrying that buyers will immediately dump the tokens to make a quick buck.
British Virgin Islands-based DWF Maas and Panama-based Falcon Digital claim that BitGo breached its contracts by selling digital tokens before the agreed lock-up periods expired, causing their prices to fall.
FF fell from 8 cents at the start of the lock-up in early March, to around 7 cents by late April, while ESPORTS fell from about 28 cents in mid-March to 7 cents in early June. DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in both tokens’ prices.
“The discount BitGo received was conditional on the tokens remaining locked, and they were moved to exchanges roughly two months before the first unlock,” DWF said, according to the FT’s report.
“We raised this with BitGo in April and May, and with no undertaking forthcoming, court action became necessary.”
DWF bought $25 million of WLFI tokens last year, the native asset of World Liberty Financial, the cryptocurrency project backed by President Donald Trump and his family.
The investment drew concern from some lawmakers in Washington, D.C. over DWF’s founder Andrei Grachev’s alleged links to Russia. Grachev was CEO of crypto exchange Huobi’s Russian arm between 2018 and 2019. Huobi has been sanctioned in various jurisdictions for helping Russia evade Western sanctions.
Neither DWF nor BitGo immediately responded to CoinDesk’s request for comment.
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12345678910The Definitive Stablecoin Landscape Series: Asia Pacific
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Sep 15, 2026
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
According to TradingBeats' monitoring, as of the morning of October 9, the Hyperliquid whale address 0x880a…311c holds approximately 9,563 ZEC short positions, with a position value of around $11.67 million, using 10x leverage at an average entry price of roughly $1,376.6. The address currently has an unrealized profit of about $1.49 million, translating to a position return of approximately 113.4%. Over the past 24 hours, the address reduced its ZEC short positions in 14 separate transactions, totaling around $3.99 million in position cuts, and still retains a short position worth roughly $10 million. Currently, the ZEC contract mark price is approximately $1,220.5, about 11.3% lower than the address' average entry price.
SpaceX is set to acquire all rights to the nationwide 800MHz low-band spectrum portfolio held by Grain Management, covering up to 14MHz of paired spectrum. The seller issued an announcement at 04:17 Beijing Time today; the transaction remains subject to approval from the U.S. Federal Communications Commission (FCC). The core business focus of this deal is to enhance Starlink Mobile’s coverage capacity. SpaceX plans to combine its satellite-to-direct-mobile constellation with terrestrial networks to expand its presence among U.S. mobile operators. The company also noted that the FCC approved its deployment of 15,000 next-generation mobile communication satellites earlier this week. Trading volumes surged in the window following the news release. Per TradingBeats monitoring, based on the seller’s 04:17 announcement, the price of SPCX perpetual contracts on Hyperliquid rebounded from $160.89 to $164.54 in the four hours after, a rise of around 2.27%. The first hour saw a trading volume of roughly $23.57 million, up about 174.8% from the $8.58 million in the hour before the announcement. As of press time, SPCX is trading at approximately $165.54. Combined with the disclosure that Trump purchased senior unsecured notes from SpaceX, this has pushed the near-24-hour trading volume to exceed $205 million, with open interest hitting $124 million over the same period.
Gambler Opens $25.4M 40x Short on $BTC at $84,086 Liquidation Price
A gambler (or possibly a hacker) sold 262.78 $ETH for 643K $USDC and deposited it into Hyperliquid, then opened a 40x short on 305.51 $BTC ($25.4M) 40 minutes ago. Liquidation price: $84,086.03
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Pre-market news roundup for US stocks: Morgan Stanley is bullish on SpaceX; Apple to cut iPhone 18 Pro orders; Netflix is undergoing restructuring.
Key pre-market news for U.S. stocks is as follows: 1. Morgan Stanley bullish on SpaceX: $300 price target, citing long-term growth potential from enterprise AI, computing power expansion, and U.S. manufacturing revival. 2. Apple plans to hold a new product event around Oct. 27, with expected launches including a touchscreen Mac and new iPad mini. Separately, Nikkei reports Apple is cutting iPhone 18 Pro orders due to weak demand. 3. SpaceX announces an agreement to acquire a nationwide low-band spectrum asset portfolio. 4. Nvidia may adopt Intel’s Foveros packaging technology; the chipmaker will invest in rival semiconductor firm D-Matrix. 5. Coreweave is discussing data center partnerships with South Korea. 6. Market news: Netflix is undergoing a restructuring that will impact roughly 5% of its workforce, with an announcement possibly coming as early as next week. 7. Data center firm Firmus, reportedly backed by Nvidia, is seeking $3 billion in funding after shelving its IPO plans.
9 minutes ago
Codex can now directly operate iPhones, with developers open-sourcing the full set of tools.
Beating AI News: Former Doubao desktop product manager Zhong Erxin has open-sourced iPhone Use, allowing Codex to directly operate real iPhones. Users only need to issue tasks in natural language, and Codex can open apps, read pages, tap, swipe, input Chinese, and search and organize lists. The entire operation process is viewable in real time in Codex’s sidebar. The project is built on Appium’s WebDriverAgent (WDA), a mobile automation tool based on Apple’s XCTest framework. Developers first install WDA on the iPhone via Xcode, then send Codex’s instructions to the device via the Mac-based MCP service, with WDA executing actions like taps and inputs. No jailbreaking is required, nor is a separate Appium Server deployment needed. To cut down on AI overhead from repeatedly viewing screenshots, iPhone Use prioritizes reading system-provided UI control data to directly identify button text, positions, and statuses. For unrecognizable or occluded controls, it falls back to screenshots for the model to determine tap coordinates. It also supports batch execution of continuous operations to reduce model call counts. The sidebar’s real-time feed is pulled via WDA’s independent screen stream, eliminating the need for repeated screenshots. Currently, iPhone Use’s official tutorial still requires a USB connection to the phone; first-time use requires Xcode to sign and install WDA. Apple supports wireless debugging, and WDA is network-accessible, but the project has not yet released a complete wireless connection configuration solution.
9 minutes ago
AI model startup TypeSafe AI, developer of the Jev AI model, has raised approximately $870 million in funding, led by a16z.
Beating AI Insight Flash News: Startup TypeSafe AI, developer of the AI model Jev, has completed approximately $870 million in funding, led by Andreessen Horowitz (a16z), with participation from Sequoia Capital and multiple angel investors, valuing the company at $7.5 billion. Jev quickly gained popularity after its launch several weeks ago. TypeSafe reports that its user base surpassed 1 million within days, and the model is now used by roughly one-third of Fortune 500 companies. Unlike traditional large language models (LLMs), Jev is not designed for chatting, email writing, or code generation. Instead, it integrates directly into software to execute decision-making tasks, aiming to deliver AI automation at lower costs and higher speeds. According to the company, it processes trillions of tokens daily. TypeSafe was founded by researchers from OpenAI, Meta, and Google, and currently has a team of just over 20 people. The company stated that the new funding will be used to expand product deployment, hire staff, and increase computing power resources. Its CEO said the company has achieved profitability after accounting for all expenses, though revenue figures were not disclosed.
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Analysis: AI leading stocks pushed the S&P 500 index up 117% during the bull market, with mounting market concentration risk.
Market analysis notes that since October 2022, the S&P 500 index has risen 117% cumulatively, driving the total market capitalization of U.S. stocks to increase by nearly $40 trillion, with the rally mainly fueled by AI-related stocks. Meanwhile, the S&P 500 Equal Weight Index has underperformed its market-cap weighted counterpart by 52 percentage points, hitting the widest gap in history—underscoring this bull market’s reliance on a small number of large tech stocks. Nvidia’s share price has surged more than 1900% cumulatively over the same period, while U.S. Treasury yields have recently risen to 5.34%, further stoking market concerns about valuation pressures. Investors are closely monitoring whether corporate earnings growth can sustain this bull market.
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Injective Releases INJ and Proposed ETF Operational Guidelines, Detailing Token Economic Model and On-Chain Financial Applications
Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.
Gambler Opens $25.4M 40x Short on $BTC at $84,086 Liquidation Price
A gambler (or possibly a hacker) sold 262.78 $ETH for 643K $USDC and deposited it into Hyperliquid, then opened a 40x short on 305.51 $BTC ($25.4M) 40 minutes ago. Liquidation price: $84,086.03
9 minutes ago
Pre-market news roundup for US stocks: Morgan Stanley is bullish on SpaceX; Apple to cut iPhone 18 Pro orders; Netflix is undergoing restructuring.
Key pre-market news for U.S. stocks is as follows: 1. Morgan Stanley bullish on SpaceX: $300 price target, citing long-term growth potential from enterprise AI, computing power expansion, and U.S. manufacturing revival. 2. Apple plans to hold a new product event around Oct. 27, with expected launches including a touchscreen Mac and new iPad mini. Separately, Nikkei reports Apple is cutting iPhone 18 Pro orders due to weak demand. 3. SpaceX announces an agreement to acquire a nationwide low-band spectrum asset portfolio. 4. Nvidia may adopt Intel’s Foveros packaging technology; the chipmaker will invest in rival semiconductor firm D-Matrix. 5. Coreweave is discussing data center partnerships with South Korea. 6. Market news: Netflix is undergoing a restructuring that will impact roughly 5% of its workforce, with an announcement possibly coming as early as next week. 7. Data center firm Firmus, reportedly backed by Nvidia, is seeking $3 billion in funding after shelving its IPO plans.
9 minutes ago
Codex can now directly operate iPhones, with developers open-sourcing the full set of tools.
Beating AI News: Former Doubao desktop product manager Zhong Erxin has open-sourced iPhone Use, allowing Codex to directly operate real iPhones. Users only need to issue tasks in natural language, and Codex can open apps, read pages, tap, swipe, input Chinese, and search and organize lists. The entire operation process is viewable in real time in Codex’s sidebar. The project is built on Appium’s WebDriverAgent (WDA), a mobile automation tool based on Apple’s XCTest framework. Developers first install WDA on the iPhone via Xcode, then send Codex’s instructions to the device via the Mac-based MCP service, with WDA executing actions like taps and inputs. No jailbreaking is required, nor is a separate Appium Server deployment needed. To cut down on AI overhead from repeatedly viewing screenshots, iPhone Use prioritizes reading system-provided UI control data to directly identify button text, positions, and statuses. For unrecognizable or occluded controls, it falls back to screenshots for the model to determine tap coordinates. It also supports batch execution of continuous operations to reduce model call counts. The sidebar’s real-time feed is pulled via WDA’s independent screen stream, eliminating the need for repeated screenshots. Currently, iPhone Use’s official tutorial still requires a USB connection to the phone; first-time use requires Xcode to sign and install WDA. Apple supports wireless debugging, and WDA is network-accessible, but the project has not yet released a complete wireless connection configuration solution.
9 minutes ago
AI model startup TypeSafe AI, developer of the Jev AI model, has raised approximately $870 million in funding, led by a16z.
Beating AI Insight Flash News: Startup TypeSafe AI, developer of the AI model Jev, has completed approximately $870 million in funding, led by Andreessen Horowitz (a16z), with participation from Sequoia Capital and multiple angel investors, valuing the company at $7.5 billion. Jev quickly gained popularity after its launch several weeks ago. TypeSafe reports that its user base surpassed 1 million within days, and the model is now used by roughly one-third of Fortune 500 companies. Unlike traditional large language models (LLMs), Jev is not designed for chatting, email writing, or code generation. Instead, it integrates directly into software to execute decision-making tasks, aiming to deliver AI automation at lower costs and higher speeds. According to the company, it processes trillions of tokens daily. TypeSafe was founded by researchers from OpenAI, Meta, and Google, and currently has a team of just over 20 people. The company stated that the new funding will be used to expand product deployment, hire staff, and increase computing power resources. Its CEO said the company has achieved profitability after accounting for all expenses, though revenue figures were not disclosed.
9 minutes ago
Analysis: AI leading stocks pushed the S&P 500 index up 117% during the bull market, with mounting market concentration risk.
Market analysis notes that since October 2022, the S&P 500 index has risen 117% cumulatively, driving the total market capitalization of U.S. stocks to increase by nearly $40 trillion, with the rally mainly fueled by AI-related stocks. Meanwhile, the S&P 500 Equal Weight Index has underperformed its market-cap weighted counterpart by 52 percentage points, hitting the widest gap in history—underscoring this bull market’s reliance on a small number of large tech stocks. Nvidia’s share price has surged more than 1900% cumulatively over the same period, while U.S. Treasury yields have recently risen to 5.34%, further stoking market concerns about valuation pressures. Investors are closely monitoring whether corporate earnings growth can sustain this bull market.
9 minutes ago
Injective Releases INJ and Proposed ETF Operational Guidelines, Detailing Token Economic Model and On-Chain Financial Applications
Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.
Gambler Opens $25.4M 40x Short on $BTC at $84,086 Liquidation Price
A gambler (or possibly a hacker) sold 262.78 $ETH for 643K $USDC and deposited it into Hyperliquid, then opened a 40x short on 305.51 $BTC ($25.4M) 40 minutes ago. Liquidation price: $84,086.03
9 minutes ago
Pre-market news roundup for US stocks: Morgan Stanley is bullish on SpaceX; Apple to cut iPhone 18 Pro orders; Netflix is undergoing restructuring.
Key pre-market news for U.S. stocks is as follows: 1. Morgan Stanley bullish on SpaceX: $300 price target, citing long-term growth potential from enterprise AI, computing power expansion, and U.S. manufacturing revival. 2. Apple plans to hold a new product event around Oct. 27, with expected launches including a touchscreen Mac and new iPad mini. Separately, Nikkei reports Apple is cutting iPhone 18 Pro orders due to weak demand. 3. SpaceX announces an agreement to acquire a nationwide low-band spectrum asset portfolio. 4. Nvidia may adopt Intel’s Foveros packaging technology; the chipmaker will invest in rival semiconductor firm D-Matrix. 5. Coreweave is discussing data center partnerships with South Korea. 6. Market news: Netflix is undergoing a restructuring that will impact roughly 5% of its workforce, with an announcement possibly coming as early as next week. 7. Data center firm Firmus, reportedly backed by Nvidia, is seeking $3 billion in funding after shelving its IPO plans.
9 minutes ago
Codex can now directly operate iPhones, with developers open-sourcing the full set of tools.
Beating AI News: Former Doubao desktop product manager Zhong Erxin has open-sourced iPhone Use, allowing Codex to directly operate real iPhones. Users only need to issue tasks in natural language, and Codex can open apps, read pages, tap, swipe, input Chinese, and search and organize lists. The entire operation process is viewable in real time in Codex’s sidebar. The project is built on Appium’s WebDriverAgent (WDA), a mobile automation tool based on Apple’s XCTest framework. Developers first install WDA on the iPhone via Xcode, then send Codex’s instructions to the device via the Mac-based MCP service, with WDA executing actions like taps and inputs. No jailbreaking is required, nor is a separate Appium Server deployment needed. To cut down on AI overhead from repeatedly viewing screenshots, iPhone Use prioritizes reading system-provided UI control data to directly identify button text, positions, and statuses. For unrecognizable or occluded controls, it falls back to screenshots for the model to determine tap coordinates. It also supports batch execution of continuous operations to reduce model call counts. The sidebar’s real-time feed is pulled via WDA’s independent screen stream, eliminating the need for repeated screenshots. Currently, iPhone Use’s official tutorial still requires a USB connection to the phone; first-time use requires Xcode to sign and install WDA. Apple supports wireless debugging, and WDA is network-accessible, but the project has not yet released a complete wireless connection configuration solution.
9 minutes ago
AI model startup TypeSafe AI, developer of the Jev AI model, has raised approximately $870 million in funding, led by a16z.
Beating AI Insight Flash News: Startup TypeSafe AI, developer of the AI model Jev, has completed approximately $870 million in funding, led by Andreessen Horowitz (a16z), with participation from Sequoia Capital and multiple angel investors, valuing the company at $7.5 billion. Jev quickly gained popularity after its launch several weeks ago. TypeSafe reports that its user base surpassed 1 million within days, and the model is now used by roughly one-third of Fortune 500 companies. Unlike traditional large language models (LLMs), Jev is not designed for chatting, email writing, or code generation. Instead, it integrates directly into software to execute decision-making tasks, aiming to deliver AI automation at lower costs and higher speeds. According to the company, it processes trillions of tokens daily. TypeSafe was founded by researchers from OpenAI, Meta, and Google, and currently has a team of just over 20 people. The company stated that the new funding will be used to expand product deployment, hire staff, and increase computing power resources. Its CEO said the company has achieved profitability after accounting for all expenses, though revenue figures were not disclosed.
9 minutes ago
Analysis: AI leading stocks pushed the S&P 500 index up 117% during the bull market, with mounting market concentration risk.
Market analysis notes that since October 2022, the S&P 500 index has risen 117% cumulatively, driving the total market capitalization of U.S. stocks to increase by nearly $40 trillion, with the rally mainly fueled by AI-related stocks. Meanwhile, the S&P 500 Equal Weight Index has underperformed its market-cap weighted counterpart by 52 percentage points, hitting the widest gap in history—underscoring this bull market’s reliance on a small number of large tech stocks. Nvidia’s share price has surged more than 1900% cumulatively over the same period, while U.S. Treasury yields have recently risen to 5.34%, further stoking market concerns about valuation pressures. Investors are closely monitoring whether corporate earnings growth can sustain this bull market.
9 minutes ago
Injective Releases INJ and Proposed ETF Operational Guidelines, Detailing Token Economic Model and On-Chain Financial Applications
Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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According to CNBC, crypto asset platform Blockchain.com has submitted two license applications to the U.S. Commodity Futures Trading Commission (CFTC), with plans to offer event contracts and cryptocurrency derivatives trading services to U.S. retail and institutional clients. Specifically, Blockchain.com is applying to become a Designated Contract Market (DCM) to operate a regulated futures trading platform, while also seeking registration as a Futures Commission Merchant (FCM) to provide derivatives brokerage services. Co-founder and CEO Peter Smith stated that the company aims to enable users to manage digital assets, trade derivatives, and transact on real-world events all in one platform. Earlier this year, Blockchain.com partnered with Polymarket to offer prediction market services to select users, and provided perpetual contract trading to some international clients via Hyperliquid. This application signals the firm’s push to expand these operations into the U.S. market. CNBC data shows that 12 companies, including Blockchain.com, have applied for CFTC Designated Contract Market licenses so far this year, with regulators approving six new trading platforms in the same period. As crypto trading platforms and prediction markets continue to converge, more firms are seeking entry into the event contract and derivatives markets. Additionally, Blockchain.com is advancing its listing plans. The company confidentially submitted an IPO registration draft to the U.S. Securities and Exchange Commission (SEC) in May this year. Bloomberg previously reported that the firm plans to go public this year, targeting a valuation of $4 billion to $6 billion.
According to data published by DefiLlama on October 9, 2026, Pump.fun generated $18.64 million in crypto protocol revenue over seven days. Earlier, a study conducted by Coin Metrics reveals that 81% of memecoins have lost at least 90% of their value since their peak. The crypto token launch platform on Solana charges fees on every trade, whether the crypto asset rises or not. According to our calculations, it retains about one third of that.
In brief $18.64M in revenue over seven days, $60.7M in 30 days (DefiLlama, October 9, 2026). 81% of the 150 memecoins studied have lost at least 90% since their peak (Coin Metrics, October 6, 2026). $478M cumulative buybacks of the PUMP token, then burned (Pump.fun, October 6, 2026). Why does the crypto platform Pump.fun make money when memecoins fall? Because Pump.fun is paid on every crypto transaction, not on the token value. Over seven days, traders paid $52.5 million in fees. The protocol kept $18.64 million, or 36% (Cointribune calculation based on DefiLlama data).
Note that a crypto trader who sells a token at a loss to buy another generates new fees.
For its part, Pump.fun announces in a newsletter published on October 5, 2026, $16.32 million in protocol fees from September 28 to October 4. This represents a 20% increase in one week.
What does the Coin Metrics study reveal about memecoins? Recently published crypto data by Coin Metrics clearly show:
81% of the 150 memecoins analyzed have lost at least 90% from their all-time high; only 5 digital assets have recovered it. Recovery essentially does not occur.
However, beware! This figure does not measure losses of crypto traders nor all Pump.fun tokens. The sample only includes assets listed on centralized platforms, which overestimates a token launch’s lifespan.
Do memecoin holders benefit from gains of the crypto platform Pump.fun? Not automatically. Since September 12, new tokens can redistribute their fees to holders with more than $20, without guaranteeing compensation for a declining token. The Pump.fun crypto platform devotes 50% of its revenue to buybacks and burning of PUMP. A recent publication shows the protocol has actually been overtaken by a social trading app.
Even PUMP (like TRUMP and PENGU) is worth less than at its launch on crypto exchanges, according to Coin Metrics.
One thing is certain: Pump.fun’s revenues follow the rotation of crypto traders, not the rise of already launched tokens. The next dated test: Pump.fun’s weekly newsletter, expected around October 12, 2026. It will indicate if the $16.32 million for the week ending October 4 is confirmed.
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Pump.fun [PUMP] breached the $0.006 support and was trading around $0.0055, down 7.2% on the daily charts, at press time. Over the same period, the altcoin’s trading volume dropped 20% to $427 million, reflecting a slowdown in market activity.
PUMP’s long liquidations exceed $5M Pump.fun‘s price drop pushed many bulls out of the market. CoinGlass data showed that $5.09 million worth of long positions were liquidated.
Usually, higher long liquidations add selling pressure to an already falling market, causing further price declines. This can trigger a cascade of liquidations.
At the same time, increased liquidation risk can cause a shift in sentiment, forcing traders to panic-close their positions.
In fact, this market behavior was widely observed over the past 24 hours. PUMP’s futures recorded $445 million in outflows compared to $418 million in inflows.
Source: CoinGlass As a result, Futures Netflow dropped 98% to -$27 million. The negative Netflow suggested that more capital flowed out of the futures market than entered it, potentially reflecting traders closing positions to cash out or avoid further losses.
Spot sellers are not left behind On the Spot side, selling pressure was even more intense. According to Coinalyze data, the altcoin recorded 11.4 billion in Spot Sell Volume compared to 10.8 billion in Buy Volume.
Source: Coinalyze As a result, the Buy Sell Delta fell to 600 million, reflecting strong spot selling pressure. Exchange activity is also recorded for this selling activity, especially over a 12-hour timeframe.
Over this period, PUMP saw $11.47 million in Spot inflows compared to $9.8 million in outflows. Moreover, Spot Netflow rose 148% to $1.6 million, a significant reversal from $1.6 the previous day.
Historically, intense selling pressure has preceded further market weakness, leading to lower prices.
Can PUMP withstand the selling pressure? Structurally, PUMP has been weakened by intense market pressure. Notably, the MACD formed a bearish crossover and dropped to 0.00005 as of writing.
The crossover confirmed increasing selling pressure and strengthening downside momentum as buyers lost control.
Source: TradingView Likewise, the Stochastic Momentum Index (SMI) dropped to 22, reinforcing the bearish outlook.
These indicators point to a strengthening downtrend and a potential continuation. Thus, if the bearish pressure seen on the daily charts persists, we could see PUMP drop below $0.005 toward $0.0046.
However, if reduced leverage eases market volatility, the altcoin could hold above $0.005 and potentially reclaim $0.006.
Final summary Pump.fun declined 7%, breached the $0.006 support, and fell to a low of $0.0052 amid intense selling pressure PUMP’s price drop triggered over $5 million in liquidations on the long side.
MARA Holdings has transferred 996 Bitcoin worth approximately $81.13 million to a wallet identified as belonging to Galaxy Digital. The transfer comes as MARA shifts more of its business toward artificial intelligence (AI) and high-performance computing.
Meanwhile, Bitcoin fell close to $81,000, pushing total crypto liquidations above $1 billion.
MARA Moves 996 BTC to Galaxy DigitalBlockchain tracking platform Lookonchain flagged the transfer on Friday, October 9, 2026. The transaction involved 996 BTC worth $81.13 million, but it remains unclear whether MARA sold the Bitcoin or moved it for another purpose.
According to Bitcoin Treasuries data, MARA’s Bitcoin holdings fell from 53,822 BTC in February to 35,577 BTC in August. This shows how much the company’s reserves have declined in recent months.
In March, MARA sold 15,133 BTC for about $1.1 billion. The company used the proceeds mainly to buy back more than $1 billion in convertible debt at a discount, reducing its debt and potential future share dilution
The company has been selling Bitcoin to reduce debt and fund its move beyond cryptocurrency mining.
MARA Sells Bitcoin to Fund AI ExpansionMARA is also moving beyond its traditional Bitcoin mining business. The company is expanding into AI computing and data center infrastructure, where it can provide computing power for businesses.
In February, MARA announced a partnership with Starwood Capital Group to develop digital infrastructure sites for data centers and AI customers. The plan included about 1 gigawatt of near-term IT capacity, with the potential to expand further.
The latest transfer could fit this broader treasury strategy, although it does not confirm another sale.
Bitcoin Nears $81K as Liquidations Top $1 BillionThe transfer comes as the crypto market faces renewed selling pressure. Bitcoin fell close to $81,000, triggering heavy losses across the market. Over the past 24 hours, total liquidations reached $1.03 billion, affecting 174,088 traders.
The sell-off also hit U.S. spot Bitcoin ETFs, which recorded $484.9 million in outflows on October 7, followed by another $244 million on October 8.
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Cryptocurrency markets experienced significant volatility in the past 24 hours, with total liquidations surpassing $1.09 billion, according to data from analytics platform CoinGlass. A total of 181,077 traders lost their positions amid sharp price swings, marking one of the most substantial liquidations seen in recent months.
Long traders bear the bruntThe majority of losses affected long traders, who accounted for $930.54 million of the liquidations, making up around 85% of the total. By comparison, short traders faced losses amounting to $161.85 million over the same period. The selloff was primarily triggered by leveraged buyers, rather than a widespread short squeeze.
A single ETH-related order worth $19.98 million on decentralized perpetuals exchange Hyperliquid represented the largest individual liquidation. The current wipeout ranks as the most severe since August 20, when daily liquidations approached $3 billion. For context, the spike on September 22 saw liquidations peak at about $1.1 billion.
Price action and market reactionBitcoin was the focus of much of the action, having fallen from roughly $86,000 to around $82,000 during the period of heightened volatility. However, recent hours painted a different picture, as shorts started taking heavier losses. Over the last 12 hours, short traders surrendered $46.29 million, while long traders lost a comparatively lower $11.08 million.
In just the last four hours, $13.39 million of $16.64 million in total liquidations came from short positions. Hyperliquid’s liquidations during this time frame consisted almost entirely of shorts, comprising 99.96% of their total. Analysis of real-time statistics shows that many ZEC (Zcash) shorts have been forcefully closed, particularly near the $1,234 level, suggesting a price recovery and “trap” for short sellers.
Mini dictionary: Hyperliquid, a decentralized perpetuals trading protocol, enables high-leverage crypto derivatives trading directly on the blockchain, offering transparency and non-custodial transactions.
PeriodLong LiquidationsShort LiquidationsTotal LiquidationsPast 24 hours$930.54 million$161.85 million$1.09 billionLast 12 hours$11.08 million$46.29 million$57.37 millionLast 4 hours$3.25 million$13.39 million$16.64 millionPossible scenarios and outlookThe liquidation sequence began with a sharp “long flush” that mostly affected leveraged buyers. Following this, the market experienced a minor short squeeze, as prices rebounded and short sellers were forced to cover their positions. Despite the intensity, current data does not suggest a full reversal of the overall trend.
Market activity appears to be settling, with just $5.60 million in liquidations recorded in the most recent hour, indicating that volatility is easing. Historically, major liquidation events often precede short-term shifts in market direction.
Currently, forced sellers are no longer driving the price at its lowest points. If the price of Bitcoin fails to stage a recovery, analysts caution that a renewed bearish move could unfold, especially if support in the $80,000 to $82,000 range fails to hold. If the buying pressure increases and short liquidations rise, a sustained recovery toward $86,000 could materialize. Conversely, a decline below key support may trigger another round of long liquidations similar to the large-scale selloff seen in August.
Major liquidations have shaken the crypto market, with daily totals not seen since August. Most positions affected were longs, highlighting increased risk among leveraged buyers.
MARA Holdings transferred 996.105 BTC worth approximately $81.13 million to Galaxy Digital. Blockchain records have not confirmed whether Galaxy Digital sold the transferred Bitcoin. MARA sold 23,093 BTC for approximately $1.6 billion during the first half of 2026. The company’s Bitcoin holdings stood at 35,577 BTC on June 30, down from 53,822 BTC at the end of 2025. MARA is expanding into AI and high-performance computing while managing its Bitcoin treasury and debt obligations. MARA Holdings transferred 996 Bitcoin, valued at $81.13 million, to a wallet linked to Galaxy Digital, according to blockchain tracker Lookonchain. The October 9 movement follows months of Bitcoin sales by the miner. However, available records do not establish whether Galaxy Digital sold the coins.
Transfer Raises Questions About Bitcoin Sale Lookonchain identified the sending address as MARA Miner and the receiving address as Galaxy Digital. The transaction involved 996.105 BTC. Galaxy Digital offers trading and custody services, so a transfer to its wallets does not necessarily represent a sale.
Neither company had explained the purpose of this movement in the reports reviewed. The transfer represented about 2.8% of MARA’s 35,577 BTC holdings reported for June 30, although that balance may have changed since then.
MARA Holdings Reduces Bitcoin Treasury MARA held 53,822 BTC at the end of 2025, compared with 35,577 BTC on June 30. Recent data on Bitcoin miner selling pressure showed fewer extreme outflows across the wider mining sector.
MARA Holdings sold 23,093 BTC during the first six months of 2026, raising approximately $1.6 billion. Its filing said these sales helped fund operations, manage cash needs and support future investments.
The company used $912.8 million to buy back about $1 billion in convertible debt. Its June holdings also included 4,742 BTC lent to third parties and 4,528 BTC pledged as loan collateral.
Bitcoin Market Faces Fresh Pressure Bitcoin recovered above $82,000 on Friday after declining during the week. Separately, US spot Bitcoin exchange-traded funds recorded $484.9 million in withdrawals on October 7. Those figures describe broader market conditions, not the purpose of MARA’s transaction.
MARA Holdings stock gained about 2% before Friday’s opening bell, approaching $10. The share movement followed Bitcoin’s rebound, although the transfer has not been tied to any confirmed sale.
AI Expansion Remains a Corporate Priority MARA Holdings is increasing its focus on artificial intelligence and high-performance computing. Second-quarter revenue fell 27% to $174.9 million, while the company recorded a $611.3 million net loss.
The strategy comes amid expanding demand for AI data centers and computing infrastructure, with new construction and technical hiring accompanying industry investment. MARA has identified digital infrastructure as its primary growth focus.
For now, the latest wallet movement adds to its record of active Bitcoin management. The company has not disclosed whether these particular coins supported trading, custody, or financing activity.
Analysis: AI leading stocks pushed the S&P 500 index up 117% during the bull market, with mounting market concentration risk.
Market analysis notes that since October 2022, the S&P 500 index has risen 117% cumulatively, driving the total market capitalization of U.S. stocks to increase by nearly $40 trillion, with the rally mainly fueled by AI-related stocks. Meanwhile, the S&P 500 Equal Weight Index has underperformed its market-cap weighted counterpart by 52 percentage points, hitting the widest gap in history—underscoring this bull market’s reliance on a small number of large tech stocks. Nvidia’s share price has surged more than 1900% cumulatively over the same period, while U.S. Treasury yields have recently risen to 5.34%, further stoking market concerns about valuation pressures. Investors are closely monitoring whether corporate earnings growth can sustain this bull market.
7 minutes ago
Injective Releases INJ and Proposed ETF Operational Guidelines, Detailing Token Economic Model and On-Chain Financial Applications
Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.
7 minutes ago
Iran's Revolutionary Guard: Will henceforth punish vessels violating rules outside the Strait of Hormuz.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said it attacked a liquefied petroleum gas (LPG) tanker in the Strait of Hormuz several hours ago. The group later released a statement noting that effective immediately, any vessel committing violations outside the Strait of Hormuz will also face "punishment". The statement did not elaborate further on the specific scope of the violations or the details of the punishment measures.
7 minutes ago
Circle Issues Additional 250 Million USDC on Solana Network
According to Whale Alert monitoring, a Circle address minted 250 million USDC on the Solana blockchain five minutes ago, valued at approximately $250 million.
7 minutes ago
Ledger users suspected victims of large-scale crypto theft attack; on-chain analysts report losses exceeding $86 million
On-chain analyst Specter published a report noting that multiple Ledger user wallet theft incidents have been recently reported on X and Reddit. After tracing the relevant stolen addresses, he discovered the funds came from hundreds of victim wallets, spanning multiple mainstream blockchains including Ethereum, Tron, and Bitcoin, with total losses exceeding $86 million. The analyst has now disclosed multiple addresses linked to the cases, though the attack’s cause, exact number of affected users, and whether Ledger has security vulnerabilities remain unconfirmed. Current information is primarily sourced from on-chain tracking and community reports and requires further verification.
7 minutes ago
An iPhone version of Doubao mobile assistant has emerged? Developer demonstrates controlling an iPhone using Opus 5.5
Beating AI Express: Developer Finn Voorhees has demonstrated an AI agent capable of directly operating an iPhone. He only sent one prompt asking the agent to find the cheapest Ryanair flight to London for the next day. The agent then opened Ryanair on its own, input the destination, selected the date, checked fares, and finally returned to the chat interface to report the result—no computer was involved throughout the process. This agent runs in PiChat, an iPhone chat app developed by Voorhees. It leverages his previously open-sourced PiDurableKit at its core, running the Pi Agent on the iPhone via Apple’s JavaScriptCore to handle model calls, tool execution, and task management. The video uses Claude Opus 5.5, with model inference still running in the cloud. To enable the agent to continue working after switching to other apps, PiChat also uses Apple’s background task mechanism and saves execution progress via SQLite for easy resumption after interruptions. The most critical cross-app control code has not been made public. When activating iPhone Control in the video, the system required entering the lock screen password to enable XCTest UI automation. XCTest is Apple’s UI testing framework that can simulate taps, swipes, and text input. The open-source project TouchSynthesis leverages XCTest’s private interfaces to let iPhones generate touch events on their own, eliminating the need for real-time computer control. However, Voorhees has not confirmed whether he used this approach.
According to EmberCN’s monitoring, as Bitcoin (BTC) rallied past $83,000, well-known trader AguilaTrades’ short position was just forced to stop loss, incurring an additional loss of roughly $250,000. AguilaTrades had not publicly opened any trading positions for 14 months prior, but has suffered consecutive losses since returning: he opened a long position yesterday, losing around $300,000; he then reversed to a short position, only to be stopped out near the low as BTC rallied, adding another ~$250,000 in losses. It is reported that his $700,000 principal has shrunk to approximately $150,000 in a single day, pushing his total cumulative losses to about $38.16 million.
The price of Bitcoin and other cryptocurrency stocks dropped earlier this week as global tensions intensified and energy costs rose, but have recovered some after President Donald Trump said he wouldn't launch further attacks on Iran before the midterm elections in early November.
Bitcoin has risen 0.9% over the last 24 hours to $82,474.54, according to CoinDesk. The cryptocurrency has fallen 2.2% this week, marking its worst weekly performance since the week ended on Sept. 11, when the price dropped 3.2%, according to Dow Jones Market Data.
The Bitcoin rebound came on the heels of a Truth Social post from Trump on Thursday, in which he said the U.S. wouldn't attack Iran before the midterm elections on Nov. 3.
Meanwhile, Brent crude fell about 1.5% Friday to around $103 a barrel.
The turnaround, and recent price target increases, also gave crypto stocks a boost. Strategy rose 2.2% in premarket trading to $154.80. The stock, however, was having its worst week since the week ended on Sept. 11. Barclays raised its price target on the stock to $175 from $160 on Friday.
Robinhood Markets gained 1.7% to $108.82 and Coinbase advanced 1.9%. This week, however, the stocks have fallen 3.5% and 4.4%, respectively, marking their worst performance since last week.
Morgan Stanley bumped up its price target for Robinhood to $160 from $150 on Friday, while raising its target for Coinbase to $258 from $250.
Last week, Bitcoin reached $86,000, following remarks from Fed Vice Chairman Philip Jefferson, who demanded patience as the central bank evaluates economic data before making further rate decisions.
Write to Mariapaula Gonzalez at [email protected]
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
Kripto para piyasasının dikkat çeken projelerinden Hyperliquid (HYPE), 330 milyon dolarlık dev token transferiyle yatırımcıların gündemine geldi. Hyperliquid Labs, toplam 3,75 milyon HYPE tokenini borsa dışı (OTC) işlem kapsamında kurumsal bir alıcıya dağıtma sürecini başlattı. Bu gelişme yaşanırken HYPE fiyatı, eylül ayında ulaştığı 97,96 dolarlık rekor seviyeden geri çekilerek 84 dolara geriledi. Yatırımcılar, büyük ölçekli token dağıtımının piyasaya olası etkilerini ve HYPE fiyatının kritik destek seviyelerini yakından takip ediyor.
Hyperliquid Labs’ten 330 Milyon Dolarlık HYPE Transferi Blockchain analiz platformu OnchainLens tarafından paylaşılan verilere göre Hyperliquid Labs, yaklaşık 330 milyon dolar değerindeki 3,75 milyon HYPE tokenini OTC anlaşması kapsamında dağıtmak üzere harekete geçti. Yedi günlük staking kilidini açma sürecinin tamamlanmasının ardından tokenler şirketin spot bakiyesine aktarıldı. Toplam miktarın yarısını oluşturan 1,875 milyon HYPE, beş farklı alıcı cüzdanına eşit şekilde dağıtıldı. Her cüzdana 375.000 HYPE gönderilirken kalan 1,875 milyon tokenin dağıtımı henüz tamamlanmadı. Şirket, söz konusu işlemlerin doğrudan halka açık kripto para borsalarında satış yoluyla gerçekleştirilmeyeceğini belirtti.
İlginizi Çekebilir: Bitcoin’de ETF Alarmı: 5 Günde Dev Para Çıkışı!
Hyperliquid’in yerel tokeni HYPE, eylül ayının sonlarında 97,96 dolarla tüm zamanların en yüksek seviyesine ulaşmasının ardından satış baskısıyla karşılaştı. Fiyatın 84 dolara kadar gerilemesi, zirve seviyesine kıyasla yaklaşık yüzde 14’lük bir düşüşe işaret ediyor. OTC işlemlerinin doğrudan borsalarda satış baskısı oluşturması beklenmese de büyük miktardaki token hareketleri yatırımcılar tarafından dikkatle izleniyor. Özellikle kurumsal talebin sınırlı kalması ve kripto para piyasasındaki genel konsolidasyon süreci, HYPE fiyatının kısa vadeli görünümünde belirsizliğin devam etmesine neden oluyor.
Hyperliquid ETF Girişleri ve Vadeli İşlem Talebi Zayıfladı Hyperliquid bağlantılı yatırım ürünlerine yönelik kurumsal talepte son dönemde yavaşlama gözlemleniyor. SoSoValue verilerine göre ilgili fonlarda çarşamba günü herhangi bir net sermaye girişi kaydedilmezken son iki haftalık toplam giriş yalnızca 12,5 milyon dolar seviyesinde kaldı. Vadeli işlem piyasasında da benzer bir tablo dikkat çekiyor. HYPE açık pozisyon miktarı, eylül ayında 36,4 milyon HYPE ile yılın en düşük seviyesine geriledikten sonra sınırlı bir toparlanmayla 38 milyon HYPE seviyesine yükseldi. Bu gelişmeler, türev piyasalardaki yatırımcı ilgisinin önceki aylara kıyasla zayıfladığını gösteriyor.
Teknik göstergelere göre HYPE fiyatı, 83,3 dolar seviyesindeki 50 günlük üstel hareketli ortalamanın (EMA) hemen üzerinde işlem görüyor. Bu bölgenin kaybedilmesi durumunda 75,2 dolar seviyesi bir sonraki önemli destek olarak öne çıkarken satış baskısının derinleşmesi halinde 51,5 dolar gündeme gelebilir. Yukarı yönlü hareketlerde ise 88,8 dolar seviyesi ilk önemli direnç olarak takip ediliyor. Bu seviyenin aşılması, 97,96 dolarlık tarihi zirvenin yeniden test edilmesine yönelik beklentileri güçlendirebilir. Göreceli Güç Endeksi’nin (RSI) 44 seviyesine gerilemesi ise kısa vadeli yükseliş momentumunun zayıfladığına işaret ediyor.
Değerlendirme Hyperliquid Labs’in 330 milyon dolarlık HYPE token dağıtımı, projenin token ekonomisi ve piyasa dinamikleri açısından önemli bir gelişme olarak değerlendiriliyor. İşlemlerin OTC yöntemiyle gerçekleştirilmesi doğrudan borsa satışlarını sınırlarken HYPE fiyatının 84 dolara gerilemesi ve kurumsal talebin zayıflaması yatırımcıların temkinli yaklaşmasına neden oluyor. Önümüzdeki dönemde 83,3 dolar desteğinin korunması ve 88,8 dolar direncinin aşılması, HYPE fiyatının kısa vadeli yönü açısından belirleyici olabilir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Analysis: AI leading stocks pushed the S&P 500 index up 117% during the bull market, with mounting market concentration risk.
Market analysis notes that since October 2022, the S&P 500 index has risen 117% cumulatively, driving the total market capitalization of U.S. stocks to increase by nearly $40 trillion, with the rally mainly fueled by AI-related stocks. Meanwhile, the S&P 500 Equal Weight Index has underperformed its market-cap weighted counterpart by 52 percentage points, hitting the widest gap in history—underscoring this bull market’s reliance on a small number of large tech stocks. Nvidia’s share price has surged more than 1900% cumulatively over the same period, while U.S. Treasury yields have recently risen to 5.34%, further stoking market concerns about valuation pressures. Investors are closely monitoring whether corporate earnings growth can sustain this bull market.
7 minutes ago
Injective Releases INJ and Proposed ETF Operational Guidelines, Detailing Token Economic Model and On-Chain Financial Applications
Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.
7 minutes ago
Iran's Revolutionary Guard: Will henceforth punish vessels violating rules outside the Strait of Hormuz.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said it attacked a liquefied petroleum gas (LPG) tanker in the Strait of Hormuz several hours ago. The group later released a statement noting that effective immediately, any vessel committing violations outside the Strait of Hormuz will also face "punishment". The statement did not elaborate further on the specific scope of the violations or the details of the punishment measures.
7 minutes ago
Circle Issues Additional 250 Million USDC on Solana Network
According to Whale Alert monitoring, a Circle address minted 250 million USDC on the Solana blockchain five minutes ago, valued at approximately $250 million.
7 minutes ago
Ledger users suspected victims of large-scale crypto theft attack; on-chain analysts report losses exceeding $86 million
On-chain analyst Specter published a report noting that multiple Ledger user wallet theft incidents have been recently reported on X and Reddit. After tracing the relevant stolen addresses, he discovered the funds came from hundreds of victim wallets, spanning multiple mainstream blockchains including Ethereum, Tron, and Bitcoin, with total losses exceeding $86 million. The analyst has now disclosed multiple addresses linked to the cases, though the attack’s cause, exact number of affected users, and whether Ledger has security vulnerabilities remain unconfirmed. Current information is primarily sourced from on-chain tracking and community reports and requires further verification.
7 minutes ago
An iPhone version of Doubao mobile assistant has emerged? Developer demonstrates controlling an iPhone using Opus 5.5
Beating AI Express: Developer Finn Voorhees has demonstrated an AI agent capable of directly operating an iPhone. He only sent one prompt asking the agent to find the cheapest Ryanair flight to London for the next day. The agent then opened Ryanair on its own, input the destination, selected the date, checked fares, and finally returned to the chat interface to report the result—no computer was involved throughout the process. This agent runs in PiChat, an iPhone chat app developed by Voorhees. It leverages his previously open-sourced PiDurableKit at its core, running the Pi Agent on the iPhone via Apple’s JavaScriptCore to handle model calls, tool execution, and task management. The video uses Claude Opus 5.5, with model inference still running in the cloud. To enable the agent to continue working after switching to other apps, PiChat also uses Apple’s background task mechanism and saves execution progress via SQLite for easy resumption after interruptions. The most critical cross-app control code has not been made public. When activating iPhone Control in the video, the system required entering the lock screen password to enable XCTest UI automation. XCTest is Apple’s UI testing framework that can simulate taps, swipes, and text input. The open-source project TouchSynthesis leverages XCTest’s private interfaces to let iPhones generate touch events on their own, eliminating the need for real-time computer control. However, Voorhees has not confirmed whether he used this approach.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Binance, the world’s largest cryptocurrency exchange, announced its new platform, Binance Alpha, in recent years to introduce early-stage altcoin projects.
Binance, which has added many altcoins for listing, has now announced a delisting for its Binance Alpha platform. According to the announcement, Binance Alpha has implemented a comprehensive altcoin review mechanism.
At this point, Binance Alpha announced that it had delisted 14 altcoins following a comprehensive review that included factors such as liquidity and trading volume.
“Based on recent reviews, the following token(s) do not meet Binance Alpha’s standards and will be removed from the featured list on 09.10.2026 at 08:00 (UTC):”
SUP (Superp), CUDIS (CUDIS), PYTHIA (PYTHIA), BLUM (Blum), KIN (Kindred Labs), DN (DeepNode), GAIA (Gaia), STRIKE (StrikeBit AI), CDL (Creditlink), KO (Kyuzo’s Friends), VRA (Verasity), EPT (Balance), SLX (SLIMEX) and CAI (CharacterX)
Binance Alpha announced that withdrawal and sales transactions would continue even after the token was delisted.
Both Altcoins Face Delisting Risk! In addition to the 14 altcoins, Binance announced that it has added two more altcoins to its watchlist. Accordingly, Binance announced that it will expand its Watch Label to include Biconomy (BICO) and Civic (CVC). The addition of these two altcoins to the watchlist does not automatically mean they will be delisted.
“According to recent assessments, Binance will expand its Tracking Tag feature to include more tokens on October 9, 2026.”
The tokens to be added to the Tracking Tag list are: BICO and CVC.
Binance will conduct periodic project reviews and decide whether to add or remove the Tracking Tag from tokens based on its latest findings.
*This is not investment advice.
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Litecoin traded around $64.20 on October 10, 2026, bouncing from earlier lows near $61. This modest comeback followed a period of short-term weakness, yet broader technical signals continue to point to a possible recovery. Key indicators such as Fibonacci retracement zones and longer-term moving averages suggest that Litecoin’s wider recovery structure remains in place, despite the recent fluctuation.
Litecoin recovers from extended correctionLitecoin’s price action over recent months reflects an upswing from a prolonged bearish period, followed by a corrective pullback. On the three-day timeframe, the coin rebounded from approximately $39.28 and advanced toward the $71.50–$75 resistance zone. After this move, sellers took control, resulting in the current pullback.
Technical analysis shared by CryptoNuclear indicates that the $55–$59 price range is critical. Litecoin previously consolidated in this area before it broke out. A price return to this range would test whether previous resistance now acts as support, with price response determining the validity of this breakout level.
Another analysis by @_CryptoSurf emphasized Litecoin’s 90% increase over three months, followed by a retracement from the 0.5 Fibonacci level to the 0.382 level. This positions the $63 support area as an important zone for evaluating the current correction’s stability.
Fibonacci retracement levels are used to identify likely zones where buying or selling may arise during corrections or rallies. They do not guarantee reversal but offer reference points for trading decisions.
Mini dictionary: Fibonacci retracement is a popular technical analysis tool that identifies potential support and resistance levels by measuring past price movements and placing horizontal lines at key ratios derived from the Fibonacci sequence, such as 38.2%, 50%, and 61.8%.
Key support and resistance levelsLitecoin’s short-term direction depends on several support and resistance zones. Immediate support sits in the $62–$63 area, which aligns with the 38.2% Fibonacci retracement and the Ichimoku Kijun level near $62.58. A solid hold above this region could stabilize prices.
On the resistance side, the $65–$67 zone serves as the first notable hurdle. This is followed by $66–$68.85, reflecting additional daily pivot resistance, and the $71.50–$75 band, representing the upper boundary where Litecoin was previously rejected.
ReferenceSupport Level(s)Resistance Level(s)Nearest$62.18–$63.00$64.27–$65.10Secondary$60.80$66.00–$68.85Major$58.65–$59.00, $55–$59 zone$71.50–$75.00, $80.00Further below, $60.80 and then $58.65–$59 provide additional support, while a break above $75 could put $80 in sight. However, confirmation from trading volume and positive price momentum would be required to validate an advance to $80.
Bullish and bearish scenariosIf Litecoin holds above the $62–$63 support and manages to reclaim the $65–$67 range, the bullish outlook would strengthen. This development could signal the end of the current pullback, provided the move is supported by increased trading volume and a daily close above resistance. A higher low followed by a push through $67 could further improve the short-term structure.
Trader @Crypt0Astronaut noted that a successful retest of former resistance as support, combined with a strong bounce, could pave the way for Litecoin to target the $80 zone. However, this potential relies on overcoming the intermediate resistance levels and confirming renewed buying strength.
Conversely, a decisive break below $62 would weaken the bullish case, signaling the risk of a deeper correction. The first downside target is around $60.80, with the next significant area between $58.65 and $59. A drop into the $55–$59 band could challenge the broader recovery seen since Litecoin’s move from $39.28, especially if support fails.
If selling pressure persists, lower levels such as $51.50–$46.50 and $42.50, as well as the cycle low near $39.28, could come into view, though these would become relevant only with a pronounced continuation of weakness.
Momentum, moving averages, and confirmation factorsThree key factors will likely drive Litecoin’s next move: its response to the $62–$63 support, the market’s ability to clear $71.50–$75 resistance, and confirmation from multiple timeframes. The daily and three-day charts provide a complementary view, while daily closes deliver clues about momentum shifts.
Momentum metrics are currently mixed. The daily Relative Strength Index (RSI) is around 48–50, which points to balanced short-term momentum. The MACD histogram remains negative, signifying that corrective trends have not yet fully reversed. On the four-hour chart, RSI readings near 33–37 suggest weaker near-term momentum, but oversold conditions by themselves do not assure an immediate rebound.
Litecoin remains above its 50-period exponential moving average near $60, as well as its 100- and 200-period moving averages at $55–$56. However, the shorter-term averages between $65.50 and $67.85 may act as resistance while LTC trades below them.
Litecoin’s price structure will be determined by whether the current correction is a healthy pause or a sign of deeper weakness. Volume, momentum, and price confirmation across different timeframes all play a crucial role in clarifying the near-term outlook.
Technical summary: Recovery faces key testLitecoin’s price remains caught between recovery and renewed downside. Sustaining the $62–$63 support and reclaiming resistance at $65–$67 could allow for another move toward $71.50–$75. A confirmed breakout above that band would bolster the scenario for a run toward $80.
However, a firm decline below $62 could expose Litecoin to further losses toward the $60.80 and $58.65–$59.00 supports and, if persistent, the $55–$59 range. Lower price zones may only become relevant if these support levels are breached.
In the current technical landscape, Fibonacci levels and breakout points provide useful navigational reference, but volume and price behavior remain decisive for Litecoin’s near-term path.
Bons Accuses XRP Advocates of Misleading Retail InvestorsJustin Bons, founder of Cyber Capital, has reignited the long-running debate over $XRP's decentralization, accusing network advocates of misleading retail investors about who actually controls the XRP Ledger.
At the centre of Bons' argument is the Ledger's Unique Node List (UNL) model. Unlike Bitcoin's Proof-of-Work system, the XRP Ledger depends on validators that individual network participants must trust, with both Ripple and the XRP Ledger Foundation publishing recommended validator lists that come pre-loaded in server configurations by default.
Bons argues this arrangement concentrates power at the top. "XRP is clearly based on a PoA (Proof of Authority) system where all power is derived from the 'kingmakers': The creators of the two permissioned lists (Ripple and The XRP Ledger Foundation)," he said.
A second flashpoint is a recent software update. XRP Ledger developers withheld security-sensitive source code from version 3.4.1, while the fixBatchV1_2 amendment could affect outdated network servers significantly. Bons contends that the XRP Ledger has been operating on closed-source code for around two weeks, with the change set to become mandatory as of October 9. Servers running outdated software faced being amendment-blocked and cut off from the network.
How the XRP Ledger's Validator Model Actually WorksThe network's governance structure is more nuanced than either side often acknowledges. Ripple runs only one of the roughly 35 validators on the default trusted list, and its rights on the network are the same as any other operator. Anyone can technically run a validator, but running a validator does not necessarily mean having any say in consensus unless that validator is included in enough participants' trust lists.
The default list is a recommendation, not a rule. Any operator is free to edit it, drop validators, add others, or follow a completely different publisher's list. However, critics note that in practice, most operators use default UNLs curated by Ripple or the XRPL Foundation, creating soft centralization pressure, even though nearly 200 validators exist.
Developers have said they plan to publish the withheld code alongside technical details explaining the security fixes in version 3.4.1. The episode nonetheless hands critics fresh ammunition in a debate that has dogged the XRP ecosystem for years, and it is unlikely to be resolved soon.
Sources:
U.Today: Is XRP Decentralized? Cyber Capital Founder Says It's 'Straight-Up Fraud'
36Crypto: XRP Decentralization Under Fire as Cyber Capital Founder Raises Fraud Allegations
XRP Ledger: Introducing XRP Ledger Version 3.4.1
XRP commentator Jake Community XRP argued that while the digital asset could theoretically reach $10,000, only a fraction of current holders would remain invested to see such a price point. His recent analysis explored how different investor groups might sell their XRP holdings as prices rise, focusing on shifts in supply and demand dynamics within the market.
Most XRP holders may exit at lower targetsIn a recent social media post, Jake Community XRP suggested that the vast majority of investors would not wait for high price levels before selling. He stated that 90% of XRP holders could sell their entire stake at $10, with another 9% selling at $100. An additional 0.9% might exit the market if XRP reaches $1,000. According to the scenario, only 0.1% of all holders could potentially remain until XRP hits the $10,000 mark.
Jake Community XRP argued that few investors would have the patience or conviction to hold until XRP achieves the extremely high price levels sometimes discussed within the community.
The commentator also suggested that so-called “elites” may prevent an easy path for investors to become millionaires. These estimates reflect longstanding debates within the XRP community about how many holders would withstand multiple rounds of selling pressure amid significant price gains.
Supply analysis highlights market concentrationThe accompanying video reviewed XRP’s circulating supply and exchange balances. The presenter noted that XRP’s total maximum supply stands at 100 billion tokens, with 62 billion currently in circulation. Of this supply, only 1.6 billion XRP reportedly remain readily available for trading on cryptocurrency exchanges, as a large share has been moved into cold storage, institutional custody, or held within ETFs.
Recent months have seen increased outflows from exchanges, with 7 billion XRP reportedly withdrawn during February. These outflows were attributed largely to whales and institutional players, who accounted for approximately 91% of the total movement.
Mini dictionary: Cold storage refers to keeping cryptocurrency assets offline, away from internet-connected systems, to protect them from hacking or unauthorized access.
The speaker argued that with a limited amount of XRP available for immediate purchase, rising demand—especially from large institutional buyers—could significantly affect the asset’s price trajectory.
XRP MetricAmountMaximum supply100 billionCirculating supply62 billionAvailable on exchanges1.6 billionExchange outflows (February)7 billion% Institutional/whale outflows91%Focus on institutional accumulation and future demandThe analysis also pointed to an increase in wallets holding at least 1 million XRP, following several months of decline. The video highlighted the role of institutional investors, referencing US-based XRP exchange-traded funds, which are said to hold $1.1 billion in assets. The speaker noted that institutions could shift from simply investing in XRP to using it for cross-border payments and settlements.
Infrastructure development on the XRP Ledger is another area of focus. Financial institutions have reportedly begun building the tools necessary to use XRP for global transactions, which could further boost demand for the token.
Mini dictionary: XRP Ledger is a decentralized blockchain designed for fast, low-cost international payments, supporting both XRP and custom tokens.
Escrow releases and the potential for supply shortagesThe video touched upon regular releases from Ripple’s escrow accounts, estimating that the company releases between 200 million and 300 million XRP each month. Despite this, the supply available for trading continues to decline as institutions acquire and move XRP off exchanges.
Analysts believe that if institutional demand intensifies, it could eventually outpace the supply accessible for purchase, creating greater scarcity in the XRP market.
With rising institutional interest and decreasing exchange balances, only a tiny fraction of investors may be in a position to benefit if XRP reaches extreme price levels.
Jake Community XRP’s post summarized that while $10,000 XRP remains a theoretical outcome, the majority of current holders are expected to sell well before that level due to psychological and financial factors.
XRP’s pullback puts $1.26 and $1.10 support in focus, while $0.98 remains the key level for preserving the broader recovery structure.
XRP’s latest decline has broken the short-term structure that had kept open the possibility of another run toward $1.65.
Attention has now shifted lower, where $1.26 and $1.10 form the main support areas that could determine whether the broader recovery remains intact.
XRP Price Chart Key Support Levels XRP currently trades around $1.40, according to CoinMarketCap. The asset had fallen as low as $1.3175 during the latest four-hour selloff before recovering some of those losses.
That rebound has taken XRP away from the immediate low, but it has not repaired the structure damaged during the drop.
XRP Loses the Structure Below $1.53-$1.65 XRP has spent several weeks consolidating beneath a major resistance band stretching from approximately $1.53 to $1.65.
The structure initially left room for another attempt at this zone. Instead, price broke beneath the smaller triangle that had formed under resistance and accelerated lower.
The chart’s Fibonacci levels now place $1.5315 as the first significant resistance on any recovery. Above that, the stronger ceiling sits between roughly $1.6363 and $1.6432.
XRP therefore needs more than a bounce from $1.32 to improve the short-term picture. Buyers would first have to recover $1.53 before the $1.64-$1.65 region becomes relevant again.
$1.26-$1.24 Is the First Major Support The first important downside zone sits between approximately $1.2604 and $1.2377.
This area combines the 0.618 and 0.65 retracement levels and could provide the next base if selling resumes. From the current $1.40 price, a decline to $1.26 would amount to roughly 10%.
Holding this zone would preserve a higher low above the major August bottom. That would leave room for the recent advance to be treated as the beginning of a larger recovery rather than another failed rally.
A break below it would expose the next support cluster around $1.08-$1.10.
$1.10 Becomes the Second Test The chart shows another concentrated support area near $1.085-$1.0925.
From $1.40, a retest of $1.10 would represent a decline of about 21%.
XRP could still preserve the broader recovery even after reaching this region, provided buyers prevent price from returning below the summer low.
That makes the next level especially important.
$0.98 Is XRP’s Line in the Sand The larger structure was built from the August bottom near $0.98.
A fresh low below this area would erase the higher-low sequence and substantially weaken the bullish interpretation.
If $0.98 fails, the lower support band around $0.86-$0.87 would return to focus.
Momentum has already shown considerable weakness. The four-hour RSI dropped into deeply oversold territory during the selloff, indicating how quickly bearish momentum accelerated.
For now, XRP has bounced back toward $1.40. But the real test comes if sellers return: $1.26-$1.24 is the first support bulls need to defend, $1.10 is the next, and $0.98 remains the level that separates a deeper correction from a breakdown of the larger recovery structure.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The XRP Ledger has officially activated the "PermissionDelegationV1_1" amendment. Network validators confirmed the EnableAmendment transaction in ledger 107,524,865, and developers have already begun testing the first operations.
Notably, this technical debut will go unnoticed by millions of retail investors: their personal wallets will continue to operate as before. Instead, this update effectively turns the XRP Ledger into a secure "whales safehouse" built for big capital.
Transaction receipt confirming the activation of the PermissionDelegationV1_1 amendment on the XRP Ledger, Source: XRPScanIn essence, Permission Delegation is a specialized security tool designed to meet the stringent standards of large businesses and traditional finance (TradFi). The feature allows the owner of a large account to grant a third-party account (a delegate) up to 10 strictly limited permissions. For example, a delegate can be authorized to make routine payments or approve trust lines.
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The key feature is key isolation. The delegate signs transactions using its own keys, while the master key controlling the primary wallet with its million-dollar balances remains completely secure, either offline or in cold storage. Permissions can be revoked at any second, and delegating critical functions, such as changing the master keys, is technically impossible.
Who needs a "vault for whales" on XRPL, and why?For ordinary XRP holders who simply store or send coins, nothing changes. However, the upgrade sets in motion a powerful strategic shift for the entire ecosystem.
Large banks and hedge funds cannot operate under a "one wallet, one key" model because of regulatory requirements. They need a strict separation of roles among treasurers, operations staff, and auditors.
The new feature gives them this structure without risking asset security, paving the way for the secure deployment of regulated stablecoins such as Ripple USD and tokenized real-world assets (RWAs).
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Since XRP is the network's native fuel and is used to pay transaction fees, an influx of institutional capital will directly affect the blockchain's long-term utility.
The amendment's activation is not a speculative price catalyst but a systematic step toward preparing the platform for the arrival of major capital. The true scale of the changes will become clear as major custodial services integrate the feature into their interfaces.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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The U.S. leveraged ETF market has 593 funds and more than $256 billion in assets, including XRP, and Ripple Prime is making itself known in the news by entering the financing chain, providing total-return swaps to fund managers. The move tests whether a crypto-origin firm can win business in a balance-sheet-intensive segment long dominated by banks.
The expansion builds on Ripple’s $1.25 billion acquisition of Hidden Road, completed in 2025, after which the prime brokerage business became Ripple Prime. Ripple is now taking the operation deeper into traditional markets, where swap financing can generate recurring fees but also leaves the provider exposed to sharp moves in the assets being financed.
In the Wall Street Journal:
"Ripple has expanded into nearly every corner of the crypto industry, from stablecoins to asset custody. Now it is edging into Wall Street’s terrain." pic.twitter.com/6iSbnSYGBn
— XRP Myth Buster (@XRPMythBuster) October 8, 2026 Ripple announced the Hidden Road acquisition in April 2025, describing the platform as a multi-asset provider of clearing, brokerage, and financing. The acquisition’s completed status and the rebrand to Ripple Prime were confirmed in Ripple’s announcement.
Its later expansion into services for Brevan Howard adds a hedge-fund relationship to that institutional push, with Ripple Prime’s brokerage, clearing, and financing services announced on Tuesday, October 6.
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Swap Fees Revenue, And The RisksLeveraged ETFs use derivatives, including total-return swaps, to magnify the daily performance of a stock or index. A bank or broker provides the swap in return for financing charges and typically hedges its exposure by buying the underlying security.
Morningstar Direct data cited in a Wall Street Journal report put the U.S. total at 593 leveraged ETFs with more than $256 billion in assets. Single-stock funds make up 426 products in that count, a category regulators first approved in 2022.
One reported example shows the fee economics. The Tradr 2X Long SDNK Daily ETF pays Ripple a rate tied to the overnight bank funding rate plus four percentage points; as of Wednesday, October 7, that translated to about 8% of the fund’s assets on an annualized basis.
Financing charges sit on top of management fees and are reflected in a fund’s net asset value. Over longer holding periods, those costs compound alongside the fund’s daily reset mechanics and the underlying market’s path, making sustained leveraged exposure more expensive than a simple multiple of the asset’s long-term return would suggest.
The swap business also carries direct counterparty risk. A sufficiently large one-day drop in an underlying stock could erase a leveraged ETF’s equity, leaving its financing provider exposed to losses; providers manage that risk by hedging through other asset managers or market makers.
Banks have long dominated this segment, but tighter limits on the risk they can take have opened room for nonbank firms. The primary report identifies Jane Street and Clear Street among firms gaining ground.
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Will XRP Benefit From This News?Ripple Prime is seeking business from additional investment managers, including hedge funds, while its October 6 announcement of brokerage, clearing, and financing services for Brevan Howard offers a concrete example of the broader institutional strategy.
Hidden Road had also expanded into U.S. institutional crypto over-the-counter swaps, cross-margining, and financing after Ripple’s acquisition. Together, those moves show a multi-asset prime brokerage business reaching beyond crypto trading and payments.
Ripple’s institutional relationships also extend into other markets, including custody and tokenization-related partnerships such as the work involving Meritz Securities in South Korea. This helps explain the acquisition strategy, but it should not be mistaken for evidence that XRP underlies or collateralizes these ETF swaps.
For XRP, the news is therefore more of a long-term ecosystem development than a direct bullish price catalyst. Unless Ripple Prime’s expansion creates measurable demand for XRP, increases token utility, or triggers fresh buying interest, the immediate price impact may be limited.
We should, instead, watch XRP’s trading volume, market sentiment, and price action around key resistance levels before treating the announcement as a reason to expect a rally. XRP is trading around $1.41, with little sign of a positive market reaction to the leveraged ETF financing news.
Pi Network Price stands at around $0.0818 on October 9, just above the much-anticipated level of $0.08.
Bitcoin price crashed to $82,541, Ethereum near $2,502, and XRP at $1.40. The market capitalization of the entire cryptocurrency market is around $2.88 trillion. The focus now shifts to Protocol 28, pending its October 16 Mainnet implementation as traders watch for possible recovery indicators.
Protocol 28 Mainnet Activation Scheduled for October 16 The Pi Core Team has planned to activate Protocol 28 on Mainnet on October 16, 2026. To prepare for the network transition, node operators are required to upgrade to version 28.0 by October 13.
Protocol 28 is already being tested in Pi Testnet, and subsequently can be modified and tested before being integrated into the network managing actual balances. The staged rollout is after successful completion of Protocol 27 on Mainnet.
As stated by the team, Protocol 28 enhances the network to use the delayed transaction data during consensus. It also allows developers to update a set of smart contracts at once and manipulate stored data more securely.
Following the successful completion of the Protocol 27 upgrade on Pi Mainnet, Pi Testnet has upgraded to Protocol 28.
Protocol 28 improves how the network handles delays in transaction data and enables developers to upgrade groups of smart contracts at once and change stored data more safely as their applications develop.
All Node operators must upgrade their nodes to Protocol 28 by October 13, 2026, in preparation for the Mainnet Protocol 28 network upgrade on October 16, 2026.
— Pi Network (@PiCoreTeam) September 25, 2026
On February 20, 2025, Pi released its Open Network, which allows its current Mainnet to connect to the outside world.
The Pi Core Team reports that Protocol 27 brought more secure and flexible smart contract authentication. The expansion of its changes widened the range of accounts and applications in authorizing transactions, and laid the groundwork for further development.
The next step in that evolution is Protocol 28, which enhances transaction processing and application upgrades, not just authentication. Nevertheless, the improvements of infrastructure do not necessarily generate a more robust token demand and prompt recovery of the market.
Pi Network Price Prediction: Will PI Coin Rally? The short-term trend to observe is $0.08, as a long-term break below has the potential to prolong the ongoing weakness.
A rebound of over $0.085 would make the picture look better for the future PI Coin outlook. A more formidable resistance at around $0.09 and the psychological mark of $0.10.
Source: TradingView The RSI stands at 40, which is a neutral momentum and not a resounding bullish indicator. The MACD is reported to be at -0.000 after rounding, and it has a sell signal, with little confirmation of an upside.
Pi Network Futures Open Interest Drops to $8.90 Million The Pi Network futures market registered a reduced total exposure, although the token had a slight recovery in price. According to CoinAnk, open interest stood at $8.90 million, which is lower than 10.38 million a day ago.
Source: CoinAnk The fall is an indication of reduced participation, though a falling price may also decrease the dollar value of unfixed contracts. Closures or liquidations of positions might have been a factor but the numbers themselves cannot prove either case.
The XRP Ledger achieved a significant technical milestone on October 8 with the activation of the PermissionDelegationV1_1 amendment. Vet, a well-known validator and contributor on the ledger, announced the news on X (formerly Twitter), describing the update as a crucial step for the network and a valuable foundation for growing institutional adoption of the XRP Ledger.
Permission Delegation arrives on XRPLPermission Delegation enables XRP Ledger account holders to assign transaction permissions to other accounts without giving access to the master private key. This separation means routine operations can be managed by different users or systems, while the highest level of account security remains protected.
By allowing operational responsibilities and key ownership to remain distinct, institutions and asset managers can reduce the risk of exposing sensitive credentials during day-to-day management. This long-requested feature is intended to meet institutional compliance and security requirements for work on public blockchains like XRPL.
Permission Delegation is now officially live on the XRP Ledger, marking a major milestone and an important building block for institutional users of XRPL. With this, asset issuers and treasuries can professionally manage accounts similar to practices in traditional finance, without compromising key security.
Mini dictionary: Permission Delegation, a protocol-level feature that allows an account owner on the XRP Ledger to assign specific transaction rights to another account, increasing flexibility while maintaining security over the primary private key.
Strong demand and instant adoptionWithin the first few hours of its introduction, users completed 66 DELEGATE_SET transactions, all recorded on October 8. The immediate engagement suggests that many participants had prepared for this upgrade and were eager to integrate the new functionality into their operations as soon as it became available.
The rapid uptake highlights how much the feature had been anticipated, especially among those needing greater security and compliance tools for managing digital assets on-chain.
EventDateTransactionsPermission Delegation ActivationOctober 866 DELEGATE_SETInstitutional needs addressedLarge organizations have traditionally struggled to adopt blockchain-based systems because giving broad private key access to all employees or teams represents a significant security risk. Permission Delegation directly addresses this challenge, allowing roles to be separated and specific authorities to be assigned without compromising master key security. For asset issuers, custodians, and compliance-driven institutions, this development removes an important barrier to broader engagement with the XRP Ledger.
Community members widely expressed optimism after the amendment went live. Some highlighted that major upgrades like Permission Delegation often become standard practice before their true significance is fully appreciated. Others viewed the update as a sign that the XRP Ledger is laying the groundwork for expanded institutional activity.
Permission delegation is an upgrade that may go unnoticed at first, but its benefits will be felt as more institutions adopt XRPL. The feature marks a quietly substantial step for the network.
Not everyone was convinced the update was revolutionary, however. Some observers noted that similar principles exist in broader IT security, questioning the level of attention the change received. Still, the arrival of this capability at the protocol level means users no longer need to rely on complex workarounds or off-chain systems to manage permissions securely.
Ongoing enhancements for the XRPL ecosystemPermission Delegation represents a foundational infrastructure upgrade for the XRP Ledger, a decentralized and open-source blockchain optimized for payments and asset transfer. By making compliance and operational delegation easier to achieve, the ledger becomes more accessible to regulated institutions and enterprises that require advanced account controls.
The XRP Ledger community continues to develop new features, with more enhancements expected in future releases to address evolving user requirements. Early indications from the initial usage of Permission Delegation suggest strong demand among the network’s professional participants.
9 October 2026 | 12:33 Mastercard is among the partners for an XRP Ledger hackathon in New York, where developers will spend 36 hours building AI-payment, lending and protocol tools ahead of Ripple’s Swell conference.
Key Takeaways Mastercard is a partner in the October 24-25 XRPL hackathon. Teams will build AI-payment, lending and protocol tools. The event has not announced a new Mastercard product on XRPL. Public code, pilots and follow-up support will show the event’s real impact. Mastercard is joining a builder weekend in New York XRPL Commons lists Mastercard among the partners for its AI & Fintech XRPL Hackathon in Midtown Manhattan on October 24–25. Ripple, AWS, Ledger and Quicknode are also involved in the 36-hour event, which offers more than $40,000 in prizes and brings developers, product leads, designers and finance professionals together before Ripple’s Swell conference.
Confirmed
Mastercard is listed as an event partner. The event covers AI finance, lending and protocol work. Mastercard is named among the organizations on the final judging panel. Still unconfirmed
A Mastercard payment product on XRPL. Commercial deployment of a winning project. New card-network support for XRP through this event. AI payments create a control problem before they create a payment product The event’s agentic-finance track focuses on software that can pay, earn and transact on-chain. An AI agent could buy data, pay for computing capacity or settle a small invoice without a person approving every routine action.
Giving an agent the ability to pay also creates a control problem. A business needs to decide what it can spend, which recipients it can use and how an unsafe instruction can be stopped before money moves. XRPL’s developer tools already address part of that challenge by separating payment creation from the wallet authority needed to sign and submit a transaction.
Teams can use the weekend to turn those controls into working payment flows. A prototype may prove that an agent can pay for a service; a usable product must also show who approves the limits and how those limits are enforced.
Lending and protocol tools fill out the financial workflow AI payments are only one part of the program. The lending-and-borrowing category invites teams to build around the proposed XRP Ledger Lending Protocol and Single Asset Vaults, while the protocol-innovation track covers amendments, client implementations and developer tools. A fourth open track leaves room for projects that do not fit the other categories.
A company using an automated payment tool may also need working capital, limits on collateral use and a way to verify that a counterparty is approved. That is why the event combines payments with lending, vaults and core protocol work instead of treating an on-chain transfer as the whole financial product.
Mastercard’s stablecoin work gives the event a wider context Mastercard has a separate reason to follow this work closely. In June, it announced expanded settlement options involving regulated stablecoins, including RLUSD. That announcement did not create the hackathon or commit Mastercard to any project built there, but it places the company’s event role within a wider effort to explore programmable settlement.
The real test begins after the judging ends The hackathon can produce demos, prototypes and new developer connections. The first signs of lasting progress will come afterward: public code, teams that continue building, grants, pilots and follow-up support from Mastercard or the other partners.
That evidence will show whether the projects developed in New York can meet the security, compliance and user-control standards required beyond the crypto industry.
This article is for informational purposes only and does not constitute financial, investment or legal advice. Event partnerships and developer projects do not guarantee commercial deployment.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
XRPL, the decentralized blockchain network developed by Ripple, is currently undergoing one of its most significant upgrade cycles in 2026. The new features being introduced aim to expand the protocol’s capabilities, focusing on atomic transactions, delegated account permissions, confidential transfers, and solutions tailored to institutional lending.
Confidential finance at the center of developmentA key focus of the latest XRPL upgrades is the implementation of confidential finance features. By integrating confidential transfer capabilities, the network seeks to facilitate privacy-preserving transactions and greater discretion for users. This move aligns with the wider trend in the digital asset sector, where demand has grown for technology that can support secure and private onchain activities.
These developments are designed to serve both individual users and institutions, particularly those seeking compliance-friendly solutions for regulated financial markets.
AI-driven payments and automationArtificial intelligence is becoming a more practical part of XRPL’s roadmap. In June, Ripple introduced the XRPL AI Starter Kit, incorporating X402-powered payments that utilize XRP and RLUSD. The system enables autonomous software agents to pay for applications, data, computing resources, and other digital services, removing the need for manual approval with every transaction.
AI integration allows XRPL to open up new payment markets, where software can seamlessly transact with other software for various services.
This approach signals a shift from conventional systems, as it targets a potential new market: automated transactions conducted directly between software systems.
Mini dictionary: RLUSD, a US dollar-backed stablecoin designed for regulated onchain payments, seeks to provide fast and low-cost transfers while ensuring compliance with financial regulations.
Enhanced financial infrastructure and institutional expansionIn recent months, XRPL has launched new infrastructure elements aimed at supporting complex transaction workflows. Notable additions include BatchV1_1, which allows up to eight transactions to be grouped into a single batch, and PermissionDelegationV1_1, which lets users assign limited account permissions without revealing their master keys. This functionality is expected to appeal to businesses and institutional users managing multiple roles and permissions within treasury or custodial setups.
Ripple’s ongoing roadmap also incorporates Permissioned Domains, credentials, enhanced lending capabilities, and confidential transfer functionalities. These upgrades are intended to support growing demand for regulated, onchain financial services, offering a foundation for institutional decentralized finance (DeFi) on the XRPL network.
UpgradeMain FeaturePotential BenefitBatchV1_1Batch up to 8 transactionsImproved efficiency in processingPermissionDelegationV1_1Delegated account permissionsEnhanced security and role managementConfidential TransfersPrivacy-preserving paymentsIncreased user and institutional privacyLending ProtocolProtocol-native credit functionalityDirect onchain lending marketsCoinpaper, an industry news outlet, recently noted XRPL’s growing focus on lending solutions, highlighting the network’s efforts to introduce protocol-native credit. This development would facilitate direct lending and borrowing within the network, potentially strengthening XRPL’s position in both the DeFi and traditional finance sectors.
Ripple’s upgraded infrastructure is being positioned to support institutional DeFi, confidential transactions, and streamlined permission management to better enable regulated onchain markets.
Cryptocurrency commentator Mickle has suggested that XRP could trade within a range of $26 to $350 if the digital asset replicates key trends seen during previous market cycles. Mickle’s analysis is grounded in the long-term price movement of XRP, focusing on its historical patterns along ascending trajectories.
XRP price history supports bold projectionsBy reviewing XRP’s performance across several years, Mickle outlined a projection that hinges on the cryptocurrency maintaining its current trendline. According to charts he shared, XRP has historically formed price bottoms and followed an upward trajectory, with potential for another major move around 2027.
Mickle highlighted that, should XRP continue to move within its current band, the asset may encounter price zones between $26 and $350. He emphasized that these figures are based on repeating historical market cycles, not on an assured outcome.
Observing previous cycles, if XRP holds the upward trend and range-bound movement, it could eventually reach significantly higher price levels, potentially between $26 and $350.
Mickle also referenced XRP’s performance during the 2018 market, when the token traded close to $3. He pointed out that if XRP were to match the relative appreciation some other cryptocurrencies have seen since then, it could be valued near $30 based on a straightforward comparison.
He stated, “That’s a $30 XRP right there,” acknowledging that the $350 estimate is not guaranteed but emerges from analyzing macro-level chart patterns extending toward 2027.
Technical analysis and market interestMickle noted that growing attention from technical analysts has reinforced optimism about the asset. He stated that a combination of fundamental and technical perspectives continues to highlight the potential for strong price appreciation in XRP, even though these projections remain speculative.
Whether viewed from a technical or fundamental lens, various forms of analysis support the idea that XRP could command higher value in future cycles.
XRP is the native digital asset of the XRP Ledger, a decentralized blockchain designed by Ripple Labs to facilitate fast and low-cost cross-border payments.
Mini dictionary: Ripple Labs is a San Francisco-based technology company focused on developing global payments infrastructure using blockchain technology. The firm created the XRP Ledger and promotes the use of XRP in cross-border payment solutions.
Community reactions and critical feedbackSome community members, such as DJVertigo, have questioned the viability of Mickle’s predictions. DJVertigo acknowledged the technical merit of the chart analysis but argued that Ripple Labs’ continued sales of XRP could weigh significantly on potential price appreciation. He also cited uncertainties in historical transaction data.
Another commenter, ALEX WEST (BIGDADDY), described the $350 target as extremely ambitious and underlined the importance of distinguishing such price projections from actual market fundamentals and adoption trends. Despite this, he maintained that XRP remains an intriguing asset for further observation.
Analysts agree that, while historical patterns can inform speculative forecasts about digital assets like XRP, external factors such as company sales practices and market demand may play a decisive role in determining long-term price outcomes.
The PermissionDelegationV1_1 amendment went live Oct. 8, and official guidance says not to delegate one permission until a separate fix activates.
XRP Ledger switches on account delegation
Posted October 9, 2026 at 6:27 am ET.
The XRP Ledger enabled the PermissionDelegationV1_1 amendment on Oct. 8 at ledger 107,524,865, according to XRPL Dashboard, which lists the activation at 5:29 p.m. ET. The feature lets an account authorize other accounts to send transactions on its behalf, so a task can be handed off without sharing the account’s own keys.
Each delegate can hold up to 10 permissions, and the granting account can change or revoke them by submitting a new list. Any permission left off the list is removed.
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One Permission Comes With a Warning The XRPL’s amendments page says PermissionDelegationV1_1 replaces an earlier version that was pulled after a critical bug was found. The page also carries a caution on one permission: “Until the fixCleanup3_4_0 amendment is enabled, it is recommended not to delegate the PaymentBurn granular permission.” Until that fix lands, the page says, a delegate given PaymentBurn may be able to create new trust line tokens or multi-purpose tokens, not just destroy existing ones. Other granular permissions are unaffected.
XRPL Dashboard shows fixCleanup3_4_0 at 27 of 35 trusted validators, two short of the 29 it lists as the requirement. The fix has not reached majority, and amendments that do reach it then enter a 14-day countdown before they activate.
Vote-Counting Bug Under Review A report filed Oct. 8 on the rippled GitHub repository says version 3.4.1 stops counting a validator’s amendment votes after that validator rotates its signing key, and also drops it from the threshold calculation. The reporter said their node showed 33 validations and a threshold of 26 instead of 35 and 28, after three validators rotated keys. The reporter added that no amendment’s pass-or-fail outcome currently differs.
A proposed patch would track validators by a permanent node ID instead. It was still open for review on Friday.
The dashboard also projects that two Batch-related amendments, fixBatchV1_2 and BatchV1_1, could activate later Friday, at 14:12 and 14:46 UTC. It lists 95 amendments live on mainnet.
Related Listen: How OpenAI’s Math Dump Has Crypto Rethinking Its Cryptography: Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Kripto para sektörünün önde gelen şirketlerinden Ripple, geleneksel finans piyasalarındaki faaliyetlerini genişletecek önemli bir adım attı. Wall Street Journal’ın (WSJ) haberine göre şirket, Ripple Prime aracılığıyla Wall Street bankalarının uzun süredir hakim olduğu kaldıraçlı ETF finansmanı pazarında faaliyetlerini artırıyor. Milyarlarca dolarlık finans piyasasında dikkat çeken bu gelişme, Ripple’ın kurumsal büyüme stratejisini yeniden gündeme getirirken XRP yatırımcılarının da ilgisini çekti.
Ripple Prime ile Wall Street’te Yeni Dönem Başlıyor Ripple, kripto para sektörünün dışına çıkarak geleneksel finans piyasalarında daha güçlü bir konum elde etmeyi hedefliyor. WSJ’nin haberine göre şirketin kurumsal finansman birimi Ripple Prime, bireysel hisse senetleri ve büyük borsa endekslerinin günlük performansını kaldıraçlı şekilde takip eden ETF’lere finansman sağlıyor. Bu hizmet kapsamında ETF yöneticilerine çeşitli finansal sözleşmeler sunulurken Ripple Prime, gerçekleştirilen işlemler karşılığında ücret geliri elde ediyor. Böylece şirket, bankaların ağırlıklı olarak faaliyet gösterdiği kurumsal finansman pazarında alternatif bir hizmet sağlayıcısı olarak öne çıkıyor.
Ripple’ın Wall Street piyasasına yönelik genişleme stratejisinin temelinde, 2025 yılında 1,25 milyar dolara satın aldığı Hidden Road bulunuyor. Kurumsal yatırımcılara prime brokerage hizmetleri sunan şirket, satın alma işleminin ardından Ripple Prime adıyla faaliyet göstermeye başladı. Ripple Prime bugün hisse senetleri, tahviller, döviz, türev ürünler ve dijital varlıklar dahil olmak üzere farklı piyasalarda finansman, takas ve kurumsal aracılık hizmetleri sunuyor. Bu geniş hizmet ağı, Ripple’ın yalnızca blockchain ve kripto para odaklı bir şirket olmaktan çıkarak geleneksel finans altyapısında da büyümesine olanak tanıyor.
Ripple 256 Milyar Dolarlık ETF Pazarında Rekabete Giriyor Wall Street Journal’ın Morningstar Direct verilerine dayandırdığı habere göre ABD’de faaliyet gösteren 593 kaldıraçlı ETF, toplamda 256 milyar doların üzerinde varlık yönetiyor. Ripple Prime’ın bu pazardaki faaliyetlerine örnek olarak Tradr 2X Long SNDK Daily ETF gösteriliyor. Haberde, SanDisk hisselerinin günlük performansını iki kat kaldıraçla takip etmeyi hedefleyen ETF’nin finansman karşılığında Ripple’a yıllık yaklaşık yüzde 8 oranında ücret ödediği belirtiliyor. Geleneksel bankaların sermaye ve risk yönetimi kuralları nedeniyle bazı finansman işlemlerinde daha sınırlı hareket edebilmesi, Ripple Prime gibi şirketler için yeni büyüme fırsatları oluşturuyor.
Ripple’ın geleneksel finans piyasalarındaki faaliyetlerini genişletmesi, XRP yatırımcıları açısından da yakından takip edilen bir gelişme olarak öne çıkıyor. Şirketin hedge fonu Brevan Howard ile ilişkisini genişleterek farklı varlık sınıflarında finansman ve takas hizmetleri sunmaya başlaması, kurumsal büyüme stratejisini destekliyor. Ancak Ripple, kaldıraçlı ETF finansmanından elde ettiği toplam geliri veya bu işlemlerde XRP ve XRP Ledger teknolojisinin ne ölçüde kullanıldığını henüz açıklamadı. Bu nedenle Ripple Prime’ın büyümesinin doğrudan XRP talebini artıracağına ilişkin kesin bir değerlendirme yapmak mümkün değil.
Değerlendirme Ripple’ın Ripple Prime aracılığıyla Wall Street’teki faaliyetlerini genişletmesi, şirketin geleneksel finans sektöründe daha büyük bir rol üstlenme hedefini ortaya koyuyor. Hidden Road satın alımı, kaldıraçlı ETF finansmanı ve kurumsal müşterilere sunulan yeni hizmetler, Ripple’ın gelir kaynaklarını çeşitlendirmesine katkı sağlayabilir. Bununla birlikte bu gelişmelerin XRP fiyatı üzerindeki etkisi, XRP Ledger kullanımının artmasına ve kurumsal benimsenmenin nasıl ilerleyeceğine bağlı olacak. Önümüzdeki dönemde Ripple Prime’ın büyümesi ve şirketin açıklayacağı yeni ortaklıklar yatırımcıların odağında kalabilir.
Son Dakika kripto para haberleri için hemen tıkla.
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Ripple is muscling into Wall Street’s swap financing business for leveraged ETFs, a lucrative corner of finance long dominated by big banks.
How Ripple Is Challenging BanksThe Wall Street Journal reported Wednesday that Ripple has become a real competitor in swap financing for leveraged ETFs, a business banks have run profitably for years, using total return swaps to deliver amplified returns like doubling a stock’s daily move in exchange for a fee.
Morningstar Direct counts 593 leveraged ETFs in the US today, holding more than $256 billion combined, with 426 tracking single stocks.
Ripple entered this market last year by buying Hidden Road, a prime brokerage for crypto hedge funds, for $1.25 billion.
That unit is now called Ripple Prime, and it landed its biggest client yet Tuesday, agreeing to handle prime brokerage, clearing and financing for hedge fund Brevan Howard.
Ripple Prime President Noel Kimmel called it “a growing and meaningful part” of the company’s business.
Why Nonbank Firms Are Winning These FeesBanks face stricter risk limits than nonbank firms, and many newer leveraged ETF issuers are startups with no existing bank relationships.
That gap is letting Ripple, Jane Street and Clear Street take business banks once had locked up, said Baird Strategas chief ETF strategist Todd Sohn.
The arrangement pays off for Ripple, but it carries real risk on both sides:
Fee example: Tradr 2X Long SNDK Daily ETF pays Ripple the overnight bank funding rate plus 4 percentage points, about 8% annualized this week, per a regulatory filing Who pays: the cost sits inside the fund’s value, coming out of investor returns The risk: Janus Henderson’s Dan Aronson said a 50%+ single-day stock move could wipe out the fund, leaving Ripple holding the loss Sohn described the drag bluntly: “It’s like a termite almost, just kind of chips away every day.”
Benzinga contacted Ripple for comment on the scale of this business but had not received a response by publication time.
Why XRP Is Falling SeparatelyXRP (CRYPTO: XRP) fell 6% Thursday as the token broke below its 20-day EMA at $1.46, with RSI cratering to 37.59.
Liquidations hit $30.42 million over 24 hours, nearly all from long positions, while open interest fell 9.88% according to Coinglass.
Meanwhile, XRP ETF inflows flatlined at $0 on October 7 according to SoSoValue, removing a source of buying pressure right as the selloff accelerated.
XRP fiyatı, 50 haftalık üstel hareketli ortalamanın (EMA) altında kalınca yatırımcıların dikkatini yeniden teknik görünüme çevirdi. Analist ChartNerd, mevcut hareketlerin 2022 dönemindeki fiyat yapısına benzediğini ve XRP’nin önümüzdeki aylarda daha düşük seviyelerde yeni bir taban oluşturabileceğini düşünüyor. Ancak bu görünüm, tek başına yeni bir düşüş dalgasının kesinleştiği anlamına gelmiyor.
XRP, son 24 saatte yüzde 3,4, son yedi günde ise yüzde 6,12 değer kaybederek yaklaşık 1,40 dolardan işlem görüyor. Kripto para iki gün önce 1,5222 dolara kadar yükselmişti. Bu seviyeden itibaren yaşanan geri çekilme yaklaşık yüzde 8’e ulaştı.
XRP Fiyatı Neden 2022 Modeline Benziyor? ChartNerd, 29 Eylül tarihli değerlendirmesinde XRP’nin önce 50 haftalık EMA’nın altında daha yüksek bir dip oluşturabileceğini, ardından daha güçlü bir yükseliş hareketine hazırlanabileceğini belirtmişti. Analist, bu senaryonun ilerleyen aşamalarında fiyatın 1,80 ila 2 dolar aralığına ulaşabileceğini öngörüyordu.
Bununla birlikte ChartNerd, yükseliş öncesinde XRP’nin haftalık EMA’nın altında daha uzun süre işlem görebileceği konusunda uyarıda bulundu. Analistin değerlendirmesinden önce de XRP, söz konusu hareketli ortalamanın altında yaklaşık altı haftadır yatay seyrediyordu.
ChartNerd bu yapıyı, 2022 yılında görülen ve fiyatın önceki dip seviyelerinden daha yukarıda dipler oluşturduğu bir taban oluşumuna benzetiyor. Bu tür bir yapı her zaman düşüş sinyali vermiyor. Fiyatın daha yüksek dipler oluşturması, satış baskısının zayıfladığına ve ileride toparlanma ihtimalinin güçlenebileceğine işaret edebiliyor.
50 Haftalık EMA XRP İçin Neden Önemli? Üstel hareketli ortalama, yakın dönem fiyatlarına daha fazla ağırlık vererek trendi değerlendirmeye yardımcı olan teknik bir göstergedir. ChartNerd’ın takip ettiği 50 haftalık EMA, XRP’nin uzun vadeli fiyat görünümü açısından temel direnç seviyelerinden biri olarak öne çıkıyor.
XRP’nin 1,52 dolar çevresindeki bölgeyi yeniden aşamaması, son geri çekilmenin önemli nedenlerinden biri oldu. Fiyatın bu seviyenin altında kalması, analistin dördüncü çeyrekte daha fazla zamanın yeni bir fiyat tabanı oluşturmakla geçebileceği yönündeki görüşünü destekliyor.
Öte yandan, 2022 ve 2026 grafiklerinde bazı benzerlikler bulunsa da iki dönemin aynı sonucu vereceği kesin değil. XRP, 2022’de benzer bir oluşumun ardından güçlü bir yükseliş yaşamıştı. Mevcut döngüde ise aynı yönde bir hareketi doğrulayacak yeterli sinyal henüz oluşmadı.
XRP İçin Yükseliş Senaryosu Ne Zaman Güçlenir? ChartNerd’a göre XRP’nin 50 haftalık EMA’nın üzerine yeniden çıkması, olumlu senaryonun tekrar gündeme gelmesi için kritik önem taşıyor. Böyle bir hareket, fiyatın mevcut zayıflığını geride bırakmaya başladığına yönelik teknik bir işaret oluşturabilir.
Bu koşul gerçekleşirse analistin daha önce belirttiği 1,80 ila 2 dolar hedef aralığı yeniden önem kazanabilir. Ancak XRP’nin hareketli ortalamayı aşamaması ve direnç altında kalmayı sürdürmesi, fiyatın bir süre daha yeni bir taban oluşturmasına yol açabilir.
Bu nedenle yatırımcıların yalnızca belirli bir hedef fiyata odaklanmak yerine haftalık kapanışları, EMA’nın konumunu ve fiyatın daha yüksek dipler oluşturup oluşturmadığını birlikte değerlendirmesi gerekiyor.
Diğer Analistler Ripple İçin Hangi Hedefleri İzliyor? XRP hakkında değerlendirme yapan diğer analistler de farklı teknik seviyelere dikkat çekiyor. Ali Martinez, uzun vadeli görünümü olumlu bulsa da daha güçlü bir yükseliş senaryosunun doğrulanması için aylık kapanışın 3,66 doların üzerine çıkması gerektiğini belirtiyor. Martinez’in senaryosunda bu kırılım, önce 9,49 dolara, ardından olası olarak 31,87 dolara uzanan bir hareketin önünü açabilir.
Peter Brandt ise ters omuz baş omuz formasyonuna dayanarak XRP fiyatında 2,16 dolara doğru bir hareket ihtimalini değerlendiriyor. Bununla birlikte Brandt, 1,60 dolarların ortalarından başlayıp 3 doların üzerine uzanan bölgede güçlü direnç ve satış baskısı bulunduğuna dikkat çekiyor.
Analistlerin hedefleri birbirinden farklı olsa da ortak nokta, XRP’nin daha güçlü bir toparlanma için önemli dirençleri aşması gerektiği.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
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The XRP Ledger (XRPL) experienced a sudden drop in payment activity, losing around 400,000 transactions overnight. The drop came during a volatile week for the market as a whole. The reason behind it has not been confirmed. It could be a result of the recent market crash or a reduction in automated or low-value transactions.
Network activity is certainly shaky Whatever the reason, a drop in network activity is a weak indicator. XRP's price chart shows the same stress. After falling from about $1.50 earlier this week, XRP is now trading near $1.3866. On Thursday, it dropped to about $1.32 and subsequently bounced back. A crucial level is the black long-term average near $1.38, and XRP is right on it.
XPR/USDT Chart by TradingViewThe line held in September, proving its support. Just below it, the orange average near $1.335 caught the low and serves as the next safety net. The first resistance above the price is marked by the blue average at approximately $1.40 and the cyan average near $1.43.
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Weakness might continueThe green line, which follows, is near $1.45. The September high near $1.66 is far away at this moment. With an RSI of approximately 42, the market is weak but not oversold. Volume increased during the decline and is minimal on the rebound.
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Up to this point, buyers have failed to show any real strength. For bulls to be optimistic, XRP needs to close above $1.40 on a daily basis, which would bring it back above the short-term averages. After that, $1.45 and $1.50 are the next targets. For bears, a move below $1.38 would indicate more downside.
After that drop, the next levels to watch are $1.335 and the $1.25 area, which marks the September low. Although the sudden drop in payments is a slight concern, the price is still maintaining its primary support level. Should XRP stay above $1.38 and network activity become steady, a bounce to $1.45 is likely. If the black line is broken, $1.30 becomes the target.
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D-Day is finally here and in a few hours the Batch amendment and its fix fixBatchV1_2 will be live. The XRP ecosystem will see a triumph in the launch of the Batch feature, which has had its share of setbacks in the past.
On February 19, 2026, security researchers and Cantina AI identified a critical logic bug in the signature-validation process of the original Batch amendment. The amendment was in its voting phase and had not been activated on Mainnet.
XRPLD v3.3.0 shipped a replacement amendment, Batch V1.1, that introduced the corrected implementation. The main focus was bug-fixing and further hardening the implementation.
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Fast forward to September 2026, and Batch had secured a majority and was about to go live on Mainnet on September 29, 2026. This timing shifted after the amendment was temporarily rejected to restart the two-week activation window.
A minor issue was detected and the fix was included in the XRPLd 3.4.1 release; the XRP community flipped their votes to allow Batch to simultaneously launch with its fix update.
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The Batch amendment remains significant as it is a prerequisite or accelerant for several high-value XRPL use cases already under contract or in active pipeline, including atomic multi-party settlements.
Batch is also expected to support ecosystem growth, being one of the most requested features by XRPL application developers and the community broadly.
In a separate development, Permission Delegation went live on the XRP Ledger on October 8, 2026, marking a major milestone for the network.
RippleX's Shota Natenadze noted that Permission Delegation, Dynamic MPTs, Atomic Batch, Confidential Transfers, and Sponsored Fees take XRPL from tokenizing to moving value the way institutions need.
XRP price awaits moveAt the time of writing, XRP was down 0.44% in the last 24 hours to $1.39, awaiting its next move following yesterday's sharp drop. Cryptocurrencies slid late Thursday after Fed minutes showed most officials expected another rate hike before year-end.
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XRP fell sharply to $1.31 on Thursday, marking four days of decline from a high of $1.52 on October 5, 2026. The price drop saw XRP trade below the daily MA 50 for the first time since August 19.
A rebound will see XRP attempt to recover above the daily MA 50, currently at $1.43, while a further drop might see XRP price test support at the daily MA 200 at $1.28.
Starknet, an Ethereum L2, is considering becoming a standalone layer 1 (L1) blockchain. The project team, led by Eli Ben-Sasson, believes Ethereum is not moving “fast enough” to become quantum-resistant, citing its 2029 timeline.
For Starknet, the increasing risks from advanced AI models mean the security push should be accelerated.
Right now, we’re reliant on the security of Ethereum, and many parts of it are not quantum-safe. If we become an L1, we’ll replace that layer with a quantum-resistant layer that has hashes.
For Ben-Sasson, becoming an L1 would allow Starknet to have “post-quantum agility”
Source: X The team eyed 2027 as the target to make the network fully quantum-resistant. Recent mathematical breakthroughs by OpenAI have heightened security concerns, raising fears that current blockchain cryptography could be cracked sooner than expected.
Ethereum’s divided reaction to the AI threat The crisis is deeper given the lack of consensus on how to approach the immediate AI threat. An Ethereum researcher proposed a ‘bunker mode’ migration to hide public keys and reduce risk exposure to wallet addresses that are reused.
However, Ethereum co-founder Vitalik Buterin is cautious of the proposed wallet migration and ‘bunker mode.’ Additionally, he warned that lattice-based cryptography, currently being floated for post-quantum security, can be cracked by better AI models.
For him, hash-based cryptography should be improved for better post-quantum security.
But Cardano’s Charles Hoskinson slammed Buterin for lack of concrete proof for his claims against lattice-based cryptography.
Simply put, it will probably take a while before Buterin convinces the broader Ethereum ecosystem on the best security approach to the AI/quantum threat.
STRK price rallies +50% on Starknet L1 plan Worse still, part of Starknet relies on a lattice system that Buterin is skeptical about. To some critics, the 2027 timeline was far too aggressive. Others, such as analyst Gabriel Shapiro, felt Starknet’s L1 plan is “hateful” towards Ethereum.
Yes, please do it(become L1); it’s obvious you hate Ethereum.
That said, Starknet’s DeFi activity, as tracked by TVL (total value locked), has declined by nearly half from $310M to $160M. The liquidity has decreased to $152M.
Source: DeFiLlama Whether it will be competitive and regain traction, as some L2s shut down, remains to be seen.
That said, STRK investors seemed bullish about the post-quantum and L1 plans. In the past 48 hours, the token rallied +50% as the broader market sold off.
Source: STRK/USDT, TradingView Final Summary Starknet to migrate from Ethereum and become an L1 in 2027 to advance post-AI and quantum agility. STRK rallied +50% on the L1 plan and security push, suggesting investors viewed it as a bullish catalyst.
DUBAI, United Arab Emirates, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced its DeFi suite entering its last stretch before launch, the crypto news moving fastest this week: over $11 million raised, 40,000+ holders, and stages selling out faster each round. The buyers setting that pace know the Floki story, where small early entries became money that changed whole lives, early buyers making over 3,000x per Forbes, and they see Pepeto as that story starting again.
The chain below it adds even more strength to this moment. Our team reviewed the boldest Ethereum price prediction ever published, Tom Lee's $62,000, while the Ethereum price sits near $1,800 per CoinGecko, up 12% this week. Every time money returned like this, the newest projects on the chain grew first and fastest.
Pepeto Nears Launch as Our Review Backs the $62,000 Ethereum Price Prediction
Pepeto announced its countdown during Ethereum's strongest week in months. Fundstrat's Tom Lee holds the $62,000 Ethereum price prediction, the level the Ethereum price reaches as the main settlement layer for tokenized finance, per Yahoo Finance. He expects ETH to beat Bitcoin through late 2026, and his company BitMine keeps buying ETH heavily per Nasdaq. The man making the market's biggest call backs it with his own money.
Then we ran the math. Ethereum already sits near $217 billion, and at $62,000 it would be worth $7.5 trillion, more than any company on earth, so a move that big takes years. A coin starting near zero carries none of that weight and can multiply many times on the money a giant takes in daily, which is why, cycle after cycle, the wildest gains on Ethereum go to the small projects living on it.
Every cycle's big fortunes came from small projects bought before the crowd knew their names, and Floki is the proof: its 3,000x landed on buyers who entered while the market still laughed. Pepeto, this year's fastest selling presale, hands 2026 that exact early chance again, carrying the one thing Floki never had: finished products behind the hype.
Pepeto Shows Floki's Viral Power With a Real Platform Behind It
Before Pepeto announced any of this, Floki showed both sides of the lesson. One Musk tweet about his dog started it in July 2021, a community takeover saved its start, the price hit $0.000344 in November 2021, and an 834% surge in June 2024 set a $0.000346 record per Cryptonews. Then the other side: the whole rise ran on attention alone, and when the attention faded, the price fell 94% to $0.0000221.
Pepeto holds the viral side and repairs the weak one. The attention is still there, but under it sit real tools: a bridge carrying coins across Ethereum, BNB Chain, and Solana with zero gas, an exchange where every trade creates new demand for the token, plus an AI scanner removing bad contracts before they list. Money is arriving at the speed Floki once saw, with one difference: these buyers pay for products, not a post.
One presale analyst said it best: after hundreds of projects, this is the first bringing viral reach and a full trading platform together. A chance like this ends on listing day.
Conclusion
Pepeto announced its final steps just as everything lined up. The Ethereum price prediction now reaches $62,000, the chain under it keeps getting stronger, and the week's crypto news is sending new buyers toward a presale that is, for now, still open.
The big wallets inside are aiming for a result on Floki's scale, and the facts agree: no other presale in 2026 is growing a community this fast, talk that Elon Musk will post keeps getting louder before launch, and 3,000x already happened on this chain. Wallets that size work with research the public never sees, and the oldest winning move in crypto is simple: stand where they stand, early.
Those who remember how small Floki entries became fortunes understand this moment. Buyers are hurrying because launch is near, and once an exchange opens trading, this presale price is gone for good. Every cycle says the same thing: the biggest winners were already in before that day.
For more information about Pepeto (PEPETO): Website: Official Pepeto Website, where what remains of the current stage is visible.
FAQs
How high does the boldest Ethereum price prediction go in 2026?
The boldest Ethereum price prediction is Tom Lee's $62,000, the level the Ethereum price reaches as the main settlement layer for tokenized finance, per Yahoo Finance. The Ethereum price sits near $1,800 per CoinGecko, up 12% this week, and Lee expects ETH to beat Bitcoin into late 2026.
Why is Pepeto in the crypto news as the next Floki on Ethereum?
Pepeto leads the crypto news among presales because it shows the viral growth that carried Floki to 3,000x plus the working exchange, bridge, and AI scanner Floki never built. The presale cleared $11 million with over 40,000 holders at $0.0000001895, before any exchange listing.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
US spot Bitcoin and Ethereum exchange-traded funds (ETFs) continued to see significant investor withdrawals on October 8, as the broader cryptocurrency market faced mounting pressure.
Bitcoin and Ethereum ETF outflows accelerateFarside Investors reported that Bitcoin ETFs recorded $244.1 million in net outflows during the most recent trading session, while Ethereum ETFs experienced $72.5 million in withdrawals. Together, the two asset classes lost a combined total of $316.6 million in a single day.
This heightened pace of outflows has led some market analysts to question whether the historically bullish trend known as “Uptober” will hold true in 2024. Traditionally, October has brought gains for major cryptocurrencies, but this year, persistent ETF withdrawals suggest a more cautious approach by institutional investors.
In the first six trading sessions of October, Bitcoin ETFs saw cumulative net outflows exceeding $820 million, with the pace of withdrawals increasing throughout the second week. The single largest daily withdrawal occurred on October 7, when investors pulled $484.9 million out of Bitcoin ETFs.
On October 8, Bitcoin ETFs recorded $244.1 million in outflows, following $484.9 million withdrawn in the prior session, underlining the recent surge in investor caution.
Among major ETF providers, BlackRock’s iShares Bitcoin Trust (IBIT) posted $5.5 million in withdrawals, while Fidelity’s Wise Origin Bitcoin Fund (FBTC), lost $197.1 million. Other notable funds, Bitwise’s BITB and Ark Invest’s ARKB, recorded $17.7 million and $20.3 million in outflows, respectively. One exception was Franklin Templeton’s OnChain US Bitcoin ETF (EZBC), which attracted $4.7 million in net inflows.
ETFNet Flow (Oct. 8)IBIT (BlackRock)-$5.5 millionFBTC (Fidelity)-$197.1 millionBITB (Bitwise)-$17.7 millionARKB (Ark Invest)-$20.3 millionEZBC (Franklin Templeton)+$4.7 millionMini dictionary: Franklin Templeton is a major US-based asset management company with over $1 trillion in assets under management, known for offering a wide range of investment products, including ETFs.
Ethereum ETFs mirror Bitcoin’s lossesEthereum ETFs have also experienced heavy redemptions in October, with total outflows exceeding $600 million as of October 8. The largest single-day withdrawal for Ethereum ETFs was recorded on October 6, when $201.9 million exited, followed by $160.9 million on October 7.
On October 8, BlackRock’s iShares Ethereum Trust (ETHA) reported $71.1 million in withdrawals, while Fidelity’s FETH saw $5.5 million in new investments. Grayscale’s ETHE, another major Ethereum product, posted $6.1 million in outflows.
ETFNet Flow (Oct. 8)ETHA (BlackRock)-$71.1 millionFETH (Fidelity)+$5.5 millionETHE (Grayscale)-$6.1 millionThe latest ETF withdrawals coincided with a wider selloff in cryptocurrency markets. Over the past 24 hours, Bitcoin slid roughly 0.44%, changing hands at around $62,660 on October 8. Ethereum traded close to $2,500 as risk-averse investors reduced exposure to major digital assets.
Market volatility and liquidationsThe downturn in prices contributed to significant liquidations among leveraged traders. In the past 24 hours, approximately $1.19 billion in cryptocurrency positions were liquidated, including $356 million in Ethereum and $298 million in Bitcoin trades.
Sharp outflows from Bitcoin and Ethereum ETFs reflect a shift in market sentiment, which also triggered over $1 billion in leveraged crypto liquidations within a single day.
These developments together highlight increasing caution in the market, amid investor wariness regarding possible short-term downturns in digital asset prices.
US spot Bitcoin (BTC) exchange-traded fund (ETF) investors pulled $729 million over two sessions this week. The selling hit just as BTC returned to the funds’ estimated average entry price, suggesting holders are treating breakeven as an exit door.
The headline figure hides a sharp split, however. BlackRock’s iShares Bitcoin Trust (IBIT) remains a net buyer in October, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) alone has lost more than the entire market.
Why Are Bitcoin ETF Holders Selling at Breakeven?Bloomberg Intelligence ETF analyst James Seyffart estimates the average US spot Bitcoin ETF holder paid $81,722 per coin. When BTC cleared that level in late September, he flagged the shift publicly.
Two weeks later, that cushion has largely evaporated. Bitcoin trades at $81,607, down 2.2% over 24 hours, according to BeInCrypto’s Bitcoin market data.
At that level, the average ETF position sits marginally underwater again.
Holders did not wait to find out. US spot Bitcoin ETFs shed $484.9 million on Oct. 7, according to Farside data. That reversed a $118.8 million inflow from the previous session.
Another $244.1 million left on Oct. 8. The two sessions wiped out October’s early gains, leaving month-to-date net flows at minus $407.4 million.
Breakeven selling is a familiar behavioral pattern. Investors who sat through months of losses often exit once they recover their capital, which can turn a cost basis into resistance.
Is This a Bitcoin ETF Exit or a Fidelity Problem?Fund-level data tells a narrower story than the headline total. Farside figures for Oct. 1 to Oct. 8 show the outflows concentrated in a handful of issuers.
FundNet flow, Oct. 1 to 8Fidelity FBTC–$408.1 millionARK 21Shares ARKB–$214.9 millionGrayscale GBTC–$78.9 millionBitwise BITB–$52.2 millionBlackRock IBIT+$332.5 millionAll US spot Bitcoin ETFs–$407.4 millionFBTC’s withdrawals exceed the market’s entire net outflow. The fund posted outflows in five of October’s six trading sessions.
IBIT, by contrast, absorbed $332.5 million. Excluding BlackRock’s fund, the remaining ETFs lost a combined $739.9 million.
Still, IBIT was not immune once BTC reached breakeven. It shed $207.7 million on Oct. 7, its largest withdrawal of the month.
The divergence suggests the selling sits with specific investor bases rather than reflecting a uniform retreat from Bitcoin exposure.
The pressure also extends beyond Bitcoin. US spot Ethereum ETFs have now logged eight straight sessions of outflows, losing $641.3 million since Sept. 29, per Farside. BeInCrypto earlier tracked the Ethereum ETF outflow streak as it built.
Spot ETFs were a major buyer during September’s rally, absorbing more than $2.3 billion between Sept. 21 and Sept. 30 alone. That demand now appears anchored to a price level rather than to long-term conviction.
The broader test is whether these funds can attract new buyers once breakeven no longer offers an easy exit.
Disclaimer
This Analysis reflects BeInCrypto's editorial interpretation of information and data available at publication and may become outdated. It is general and non-personalised, does not consider your circumstances, and is not investment research, financial, investment, legal or tax advice, an offer or a recommendation. Forecasts, targets, technical analysis and forward-looking statements are uncertain and may not materialise; past performance and indicators do not predict future results. References to assets, products or providers do not imply endorsement. Crypto-assets and financial products may result in total loss. Verify material information before acting.
